Robert C. Oberg Jr. - 24 Oct 2022 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
24 Oct 2022
Net transactions value
-$7,488
Form type
4
Filing time
25 Oct 2022, 17:58:02 UTC
Previous filing
13 Sep 2022
Next filing
04 Jan 2023
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 $0 +3,475 +17% $0.000000 24,452 24 Oct 2022 Direct F1
transaction UBFO COMMON STOCK Tax liability $7,488 -1,090 -4.5% $6.87 23,362 24 Oct 2022 Direct F2, F3

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 -32% $0.000000 7,474 24 Oct 2022 COMMON STOCK 3,475 $6.87 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, 2022. As October 23, 2022 fell on a weekend, the execution date of the vesting and subsequent issuance was the next business day, Monday October 24, 2022.
F2 Represents the market closing price on October 21, 2022.
F3 Reflects shares withheld for taxes.