Michael Woolf - Sep 1, 2022 Form 4 Insider Report for UNITED SECURITY BANCSHARES (UBFO)

Role
Director
Signature
/S/ MICHAEL WOOLF
Stock symbol
UBFO
Transactions as of
Sep 1, 2022
Transactions value $
$0
Form type
4
Date filed
9/6/2022, 02:18 PM
Previous filing
Jun 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UBFO Common Stock Options Exercise +153 +0.06% 245K Sep 1, 2022 Direct F1, 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 Award +153 153 Sep 1, 2022 COMMON STOCK 153 $0.00 Direct F2
transaction UBFO RESTRICTED STOCK UNITS Options Exercise -153 -100% 0 Sep 1, 2022 COMMON STOCK 153 $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.
F5 Includes 2,393 shares owned by Son & Spouse.