SEC Form 4 · accession 0000857855-17-000002
UNITED COMMUNITY BANKS INC · UCB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bill M Gilbert
Officer — SVP, Director of Banking
Period of report
Jan 27, 2017
Accepted (ET)
Jan 30, 2017 · 4:51 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000857855
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jan 27, 2017 | F | 1,259 | $29.00 | D | 11,376 | D | |
| Common Shares IssuableF2,F3 | holding | — | — | — | 31,495 | D | ||
| Common Stock (PSUs)F2 | holding | — | — | — | 6,160 | D | ||
| Common Stock (RSUs) | holding | — | — | — | 14,905 | D | ||
| Common Stock | holding | — | — | — | 1,764 | I | 401(k) Plan | |
| Common Stock | holding | — | — | — | 177 | I | Joanna R. Gilbert (Spouse) |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares of United Community Banks, Inc. common stock withheld to satisfy tax obligations upon vesting of performance-based Restricted Stock Units ("PSUs").
- F2Reflects reclassification of PSUs into Phantom Stock pursuant to the United Community Banks, Inc. Deferred Compensation Plan and into Common Stock.
- F3Includes shares acquired through dividend reinvestment.