SEC Form 4 · accession 0000857855-17-000004
UNITED COMMUNITY BANKS INC · UCB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rex S Schuette
Officer — EVP & CFO
Period of report
Jan 27, 2017
Accepted (ET)
Jan 30, 2017 · 4:56 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 | Jan 27, 2017 | F | 400 | $29.00 | D | 33,721 | D | |
| COMMON STOCK ISSUABLEF2,F3 | holding | — | — | — | 76,226 | D | ||
| COMMON STOCK (PSUs)F2 | holding | — | — | — | 17,979 | D | ||
| COMMON STOCKF3 | holding | — | — | — | 16,460 | I | BY 401k | |
| COMMON STOCK | holding | — | — | — | 1,800 | I | ANDREA RAFFERTY-SCHUETTE (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.
- F3Includes shares acquired pursuant to dividend reinvestment.