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UNITED SECURITY BANCSHARES — Director's Dealing 2023
Mar 1, 2023
33833_dirs_2023-03-01_c74e208b-f53b-4f2e-bd24-b4fff89000a8.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: UNITED SECURITY BANCSHARES (UBFO)
CIK: 0001137547
Period of Report: 2023-02-28
Reporting Person: WOODS DENNIS R (Director, CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-02-28 | COMMON STOCK | M | 2000 | — | Acquired | 859057 | Indirect |
| 2023-02-28 | COMMON STOCK | J | 0 | — | Acquired | 33088 | Indirect |
| 2023-02-28 | COMMON STOCK | J | 0 | — | Acquired | 230202 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-02-28 | RESTRICTED STOCK UNITS | $0 | A | 2000 | Acquired | 2023-02-28 | COMMON STOCK (2000) | Direct |
| 2023-02-28 | RESTRICTED STOCK UNITS | $7.70 | M | 2000 | Acquired | 2023-02-28 | COMMON STOCK (2000) | Direct |
Footnotes
F1: Represents common stock issued pursuant to the vesting and settlement of 100% of the restricted stock units that were granted on February 28, 2023 as a discretionary incentive award.
F2: Represents the complete vesting of all restricted stock units granted on February 28, 2023.
F3: Represents common stock closing price on February 28, 2023.
F4: Shares held in various trusts where Mr. Woods serves as the trustee with voting power over shares.
F5: Represents shares held in Mr. Woods Spouse's IRA. For disclosure purposes only.
F6: Represents shares held by Mr. Woods directly. For disclosure purposes only.