Dennis R. Woods - Dec 31, 2021 Form 4 Insider Report for UNITED SECURITY BANCSHARES (UBFO)

Role
CEO, Director
Signature
/s/ Dennis R Woods
Stock symbol
UBFO
Transactions as of
Dec 31, 2021
Transactions value $
$0
Form type
4
Date filed
1/4/2022, 11:49 AM
Previous filing
Dec 2, 2021
Next filing
Mar 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UBFO Common Stock Options Exercise +2K +0.24% 845K Dec 31, 2021 TRSUTEE F1, F3
transaction UBFO Common Stock Other 0 0% 33.1K Dec 31, 2021 Spouse's IRA F4
transaction UBFO Common Stock Other 0 0% 230K Dec 31, 2021 Direct F5

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 -33.33% $0.00 4K Dec 31, 2021 Common Stock 2K $8.12 Direct F1, F2
* 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 31, 2021.
F2 Represents the market closing price on December 31, 2021.
F3 Shares held in various trusts where Mr. Woods serves as the trustee with voting power over shares.
F4 Represents shares held in Mr. Woods Spouse's IRA. For disclosure purposes only.
F5 Represents shares held by Mr. Woods directly. For disclosure purposes only.