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

Role
CEO, Director
Signature
/s/ Dennis R Woods
Stock symbol
UBFO
Transactions as of
Dec 30, 2022
Transactions value $
$0
Form type
4
Date filed
1/4/2023, 03:54 PM
Previous filing
Dec 2, 2022
Next filing
Feb 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UBFO Common Stock Options Exercise +2K +0.24% 852K Dec 30, 2022 TRUSTEE F1, F3
transaction UBFO Common Stock Other 0 0% 33.1K Dec 30, 2022 Spouse's IRA F4
transaction UBFO Common Stock Other 0 0% 230K Dec 30, 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 -2K -50% $0.00 2K Dec 30, 2022 Common Stock 2K $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.