SEC Form 4 · accession 0000857855-17-000005
UNITED COMMUNITY BANKS INC · UCB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jimmy C Tallent
Officer — Chairman & CEO · Director
Period of report
Jan 27, 2017
Accepted (ET)
Jan 30, 2017 · 4:57 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 | 639 | $29.00 | D | 102,549 | D | |
| Common Stock (PSUs)F2 | holding | — | — | — | 48,453 | D | ||
| Common Stock IssuableF2,F3 | holding | — | — | — | 150,287 | D | ||
| Common Stock (RSUs) | holding | — | — | — | 30,666 | D | ||
| Common StockF3 | holding | — | — | — | 38,729 | I | By 401k | |
| Common Stock | holding | — | — | — | 77 | I | Jeanne Tallent (spouse) | |
| Common Stock | holding | — | — | — | 61 | I | as Custodian for Minor Grandchildren |
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.