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

Role
Sr Compliance Officer
Signature
/s/ Schnipke Norman V
Issuer symbol
UBOH
Transactions as of
22 Jul 2022
Net transactions value
-$11,737
Form type
4
Filing time
10 Aug 2022, 09:53:15 UTC
Previous filing
11 Feb 2022
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 $23,238 +1,394 +8.9% $16.67 17,099 22 Jul 2022 Direct
transaction UBOH Common Stock Options Exercise $19,226 +837 +4.9% $22.97 17,936 22 Jul 2022 Direct
transaction UBOH Common Stock Tax liability $25,963 -1,049 -5.8% $24.75 16,887 22 Jul 2022 Direct
transaction UBOH Common Stock Tax liability $19,652 -794 -4.7% $24.75 16,093 22 Jul 2022 Direct
transaction UBOH Common Stock Sale $7,635 -345 -2.1% $22.13 15,748 22 Jul 2022 Direct
transaction UBOH Common Stock Sale $952 -43 -0.27% $22.13 15,705 22 Jul 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 -1,394 -50% $0.000000 1,394 22 Jul 2022 Common Stock 1,394 $16.67 Direct F1
transaction UBOH Employee Stock Option (right to buy) Options Exercise $0 -837 -100% $0.000000* 0 22 Jul 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.