Stanley J. Cavalla - Sep 1, 2022 Form 4 Insider Report for UNITED SECURITY BANCSHARES (UBFO)

Role
Director
Signature
/s/ Stan Cavalla
Stock symbol
UBFO
Transactions as of
Sep 1, 2022
Transactions value $
$0
Form type
4
Date filed
9/6/2022, 12:23 PM
Previous filing
Jun 3, 2022
Next filing
Dec 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UBFO Common Stock Options Exercise +406 +0.06% 661K Sep 1, 2022 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 Award +406 406 Sep 1, 2022 Common Stock 406 $0.00 Direct F2
transaction UBFO Restricted Stock Units Options Exercise -406 -100% 0 Sep 1, 2022 Common Stock 406 $7.16 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents common stock issued pursuant to the vesting and settlement of 100% of the restricted stock units that were granted on September 1, 2022.
F2 Represents a grant of restricted stock units on September 1, 2022, in consideration for service as a member of the Company's Board of Directors. 100% of the restricted stock units were vested on the grant date
F3 Represents the complete vesting of all restricted stock units granted on September 1, 2022.
F4 Represents common stock closing price on September 1, 2022.