Dennis R. Woods - 28 Feb 2023 Form 4 Insider Report for UNITED SECURITY BANCSHARES (UBFO)

Role
CEO, Director
Signature
/S/ DENNIS R WOODS
Issuer symbol
UBFO
Transactions as of
28 Feb 2023
Net transactions value
$0
Form type
4
Filing time
01 Mar 2023, 16:56:12 UTC
Previous filing
17 Feb 2023
Next filing
02 Mar 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 +0.23% 859,057 28 Feb 2023 TRUSTEES F1, F4
transaction UBFO COMMON STOCK Other 0 0% 33,088 28 Feb 2023 SPOUSE'S IRA F5
transaction UBFO COMMON STOCK Other 0 0% 230,202 28 Feb 2023 Direct F6

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 +2,000 +100% 4,000 28 Feb 2023 COMMON STOCK 2,000 $0.000000 Direct F1
transaction UBFO RESTRICTED STOCK UNITS Options Exercise +2,000 2,000 28 Feb 2023 COMMON STOCK 2,000 $7.70 Direct F1, F2, F3
* 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 February 28, 2023 as a discretionary incentive award.
F2 Represents the complete vesting of all restricted stock units granted on February 28, 2023.
F3 Represents common stock closing price on February 28, 2023.
F4 Shares held in various trusts where Mr. Woods serves as the trustee with voting power over shares.
F5 Represents shares held in Mr. Woods Spouse's IRA. For disclosure purposes only.
F6 Represents shares held by Mr. Woods directly. For disclosure purposes only.