H. Lynn Harton - 15 Nov 2022 Form 4/A - Amendment Insider Report for UNITED COMMUNITY BANKS INC (UCB)

Role
President & CEO, Director
Signature
/s/ Melinda Davis Lux, as Attorney in Fact
Issuer symbol
UCB
Transactions as of
15 Nov 2022
Net transactions value
-$53,859
Form type
4/A - Amendment
Filing time
30 Nov 2022, 15:06:13 UTC
Date Of Original Report
17 Nov 2022
Previous filing
17 Aug 2022
Next filing
11 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UCBI Common Stock Gift $0 -1,880 -0.96% $0.000000 194,619 07 Jan 2022 Direct F1, F2
transaction UCBI Common Stock Gift $0 +1,880 +1.8% $0.000000 104,738 07 Jan 2022 By Herbert Lynn Harton Revocable Trust dated 3/16/15 F1, F2
transaction UCBI Common Stock Gift $0 -4,820 -2.5% $0.000000 189,799 14 Nov 2022 Direct F2, F3
transaction UCBI Common Stock Gift $0 +4,820 +4.6% $0.000000 109,588 14 Nov 2022 By Herbert Lynn Harton Revocable Trust dated 3/16/15 F2, F3
transaction UCBI Common Stock Tax liability $53,859 -1,429 -0.75% $37.69 188,370 15 Nov 2022 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 7, 2022, the Reporting Person transferred 1,880 shares of Issuer's common stock directly held by the Reporting Person to a family trust of which the Reporting Person is trustee. The Reporting Person and members of his immediate family are the sole beneficiaries of the trust.
F2 On November 17, 2022, the Reporting Person filed a Form 4 that reported the direct holding of Reporting Person to be 297,928 shares of Issuer's common stock ("Common Stock"), when in fact, the Reporting Person owned the number of shares specified in this Form 4/A. The difference is due to oversight in reporting previous transfers of Common Stock directly held by the Reporting Person to a family trust, and such shares have been incorrectly reported as directly held by the Reporting Person. This amendment corrects the information provided in the Form 4.
F3 On November 14, 2022, the Reporting Person transferred 4,820 shares of Issuer's common stock directly held by the Reporting Person to a family trust of which the Reporting Person is trustee. The Reporting Person and members of his immediate family are the sole beneficiaries of the trust.
F4 Reflects shares of Issuer's common stock withheld to satisfy tax withholding obligations upon vesting of restricted stock units.