Robert C. Oberg Jr. - 25 Oct 2021 Form 4 Insider Report for UNITED SECURITY BANCSHARES (UBFO)

Role
SVP & CHIEF RISK OFFICER
Signature
/s/ Robert C Oberg
Issuer symbol
UBFO
Transactions as of
25 Oct 2021
Net transactions value
$0
Form type
4
Filing time
26 Oct 2021, 15:14:33 UTC
Next filing
04 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UBFO Common Stock Options Exercise +3,475 +20% 20,744 23 Oct 2021 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 Options Exercise $0 +3,475 +37% $0.000000 12,949 25 Oct 2021 Common Stock 3,475 $7.93 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Result of partial vesting of restricted stock units (RSUs) granted on October 23, 2018 that vested on October 23, 2021. As October 23, 2021 fell on a weekend, the execution date of the vesting and subsequent issuance was the next business day, Monday October 25, 2021.
F2 Represents the market closing price on October 25, 2021.