Stanley J. Cavalla - Dec 1, 2023 Form 4 Insider Report for UNITED SECURITY BANCSHARES (UBFO)

Role
Director
Signature
/s/ Stan Cavalla
Stock symbol
UBFO
Transactions as of
Dec 1, 2023
Transactions value $
$0
Form type
4
Date filed
12/4/2023, 07:50 PM
Previous filing
Sep 1, 2023
Next filing
Feb 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UBFO Common Stock Options Exercise +375 +0.06% 664K Dec 1, 2023 Direct F1

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 Units Award +375 375 Dec 1, 2023 Common Stock 375 $0.00 Direct F2
transaction UBFO Restricted Stock Units Options Exercise -375 -100% 0 Dec 1, 2023 Common Stock 375 $7.99 Direct F2, F3, F4
* 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 December 1, 2023. ..
F2 Represents a grant of restricted stock units on December 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.
F3 Represents common stock closing price on December 1, 2023.
F4 Represents the complete vesting of all restricted stock units granted on December 1, 2023.