Brent D. Nussbaum - 22 Jul 2021 Form 4 Insider Report for UNITED BANCSHARES INC/OH (UBOH)

Role: Chief Information Officer
Signature: /s/ Brent D. Nussbaum
Issuer symbol: UBOH
Transactions as of: 22 Jul 2021
Net transactions value: -$26,220
Form type: 4
Filing time: 26 Jul 2021, 10:38:27 UTC
Next filing: 03 Aug 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UBOH	Common Stock	Options Exercise	$26,005	+1,560		$16.67	1,560	22 Jul 2021	Direct
transaction	UBOH	Common Stock	Tax liability	$25,974	-729	-47%	$35.63	831	22 Jul 2021	Direct
transaction	UBOH	Common Stock	Sale	$26,251	-831	-100%	$31.59	0	22 Jul 2021	Direct
holding	UBOH	Common Stock						1,871	22 Jul 2021	ESOP	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	UBOH	Employee Stock Option (right to buy)	Options Exercise	$0	-1,560	-100%	$0.000000^*	0	22 Jul 2021	Common Stock	1,560	$16.67	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects Employee Stock Ownership Plan (ESOP) allocations and dispositions that have occurred since the date of the reporting person's last ownership report.