Dennis R. Woods - Dec 29, 2023 Form 4 Insider Report for UNITED SECURITY BANCSHARES (UBFO)

Signature
/s/ Dennis R Woods
Stock symbol
UBFO
Transactions as of
Dec 29, 2023
Transactions value $
$0
Form type
4
Date filed
1/2/2024, 03:19 PM
Previous filing
Dec 5, 2023
Next filing
Feb 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UBFO Common Stock Options Exercise +2K +0.23% 876K Dec 29, 2023 TRUSTEE F1, F2
transaction UBFO Common Stock Other 0 0% 33.1K Dec 29, 2023 Spouse's IRA F3
transaction UBFO Common Stock Other 0 0% 232K Dec 29, 2023 Direct F4

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 Options Exercise $0 -2K -100% $0.00* 0 Dec 29, 2023 Common Stock 2K $8.41 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents one-third vesting of restricted stock units (RSUs) granted February 23, 2021 that vested December 29, 2023.
F2 Shares held in various trusts where Mr. Woods serves as the trustee with voting power over shares.
F3 Represents shares held in Mr. Woods Spouse's IRA. For disclosure purposes only.
F4 Represents shares held by Mr. Woods directly. For disclosure purposes only.
F5 Represents the market closing price on December 29, 2023.