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FIRST US BANCSHARES, INC. — Director's Dealing 2014
Jan 31, 2014
34407_dirs_2014-01-31_c88779ac-7170-4b55-8b25-47ede94967f9.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: 2014-01-31
Reporting Person: Elley Thomas S (VP,CFO,PAO,Treas,Asst Sec)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-01-31 | Common Stock, Par Value $.01 | A | 1500 | — | Acquired | 1500 | Direct |
Footnotes
F1: Among the terms and conditions of Mr. Elley's employment with United Security Bancshares, Inc. (the "Company") and First United Security Bank (the "Bank") was an agreement that, as an inducement to join the Company and the Bank, Mr. Elley would receive a one-time grant of 1,500 fully-vested shares of the Company's common stock after January 1, 2014, but not later than February 1, 2014. The grant reported herein was made to Mr. Elley in satisfaction of this agreed-upon employment term.
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