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FIRST US BANCSHARES, INC. — Director's Dealing 2011
Nov 7, 2011
34407_dirs_2011-11-07_b1d4dff1-9b35-44a1-adde-50a9e29601fb.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: UNITED SECURITY BANCSHARES INC (USBI)
CIK: 0000717806
Period of Report: 2011-11-07
Reporting Person: House James F (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-11-07 | Common Stock, Par Value $.01 | A | 5000 | — | Acquired | 5000 | Direct |
Footnotes
F1: In consideration of Mr. House entering into an Executive Employment Agreement with United Security Bancshares, Inc. (the "Company") and First United Security Bank (the "Bank"), pursuant to which Mr. House will serve as President and Chief Executive Officer of the Company and the Bank, and as an inducement to join the Company and the Bank in such capacity, Mr. House received a one-time grant of 5,000 fully-vested shares of the Company's common stock.
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