Schnipke Norman V - Jul 22, 2022 Form 4 Insider Report for UNITED BANCSHARES INC/OH (UBOH)

Role
Sr Compliance Officer
Signature
/s/ Schnipke Norman V
Stock symbol
UBOH
Transactions as of
Jul 22, 2022
Transactions value $
-$11,737
Form type
4
Date filed
8/10/2022, 09:53 AM
Previous filing
Feb 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UBOH Common Stock Options Exercise $23.2K +1.39K +8.88% $16.67 17.1K Jul 22, 2022 Direct
transaction UBOH Common Stock Options Exercise $19.2K +837 +4.9% $22.97 17.9K Jul 22, 2022 Direct
transaction UBOH Common Stock Tax liability -$26K -1.05K -5.85% $24.75 16.9K Jul 22, 2022 Direct
transaction UBOH Common Stock Tax liability -$19.7K -794 -4.7% $24.75 16.1K Jul 22, 2022 Direct
transaction UBOH Common Stock Sale -$7.63K -345 -2.14% $22.13 15.7K Jul 22, 2022 Direct
transaction UBOH Common Stock Sale -$952 -43 -0.27% $22.13 15.7K Jul 22, 2022 Direct

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 -1.39K -50% $0.00 1.39K Jul 22, 2022 Common Stock 1.39K $16.67 Direct F1
transaction UBOH Employee Stock Option (right to buy) Options Exercise $0 -837 -100% $0.00* 0 Jul 22, 2022 Common Stock 837 $22.97 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options vest over three years, at a rate of 33.33% per year (33.34% in the final year), beginning on July 21, 2021.
F2 The options vest over three years, at a rate of 33.33% per year (33.34% in the final year), beginning on June 18, 2020.