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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.