THOMAS G WALKER - 01 Sep 2023 Form 4 Insider Report for UNITED SECURITY BANCSHARES (UBFO)

Role
Director
Signature
/S/ THOMAS G WALKER
Issuer symbol
UBFO
Transactions as of
01 Sep 2023
Net transactions value
$0
Form type
4
Filing time
01 Sep 2023, 18:53:11 UTC
Previous filing
10 Aug 2023
Next filing
05 Dec 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UBFO Common Stock Options Exercise +111 +7.9% 1,511 01 Sep 2023 Trust F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction UBFO Restricted Stock Unit Award +111 111 01 Sep 2023 Common Stock 111 $7.21 Trust F3
transaction UBFO Restricted Stock Unit Options Exercise -111 -100% 0 01 Sep 2023 Common Stock 111 $7.21 Trust F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents common stock issued pursuant to the vesting and settlement of 100% of the restricted stock units that were granted on September 1, 2023.
F2 Shares are held in a trust where Mr. Walker serves as the trustee with voting power over the shares.
F3 Represents a grant of restricted stock units on September 1, 2023, in consideration for service as a member of the Company's Board of Directors. 100% of the restricted stock units were vested on the grant date.
F4 Represents common stock closing price on September 1, 2023.
F5 Represents the complete vesting of all restricted stock units granted on September 1, 2023.