Dennis R. Woods - 30 Dec 2022 Form 4 Insider Report for UNITED SECURITY BANCSHARES (UBFO)

Role
CEO, Director
Signature
/s/ Dennis R Woods
Issuer symbol
UBFO
Transactions as of
30 Dec 2022
Net transactions value
$0
Form type
4
Filing time
04 Jan 2023, 15:54:09 UTC
Previous filing
02 Dec 2022
Next filing
17 Feb 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 +2,000 +0.24% 852,057 30 Dec 2022 TRUSTEE F1, F3
transaction UBFO Common Stock Other 0 0% 33,088 30 Dec 2022 Spouse's IRA F4
transaction UBFO Common Stock Other 0 0% 230,202 30 Dec 2022 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 -2,000 -50% $0.000000 2,000 30 Dec 2022 Common Stock 2,000 $7.31 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 30, 2022.
F2 Represents the market closing price on December 30, 2022.
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.