Nabeel Mahmood - Feb 28, 2023 Form 4 Insider Report for UNITED SECURITY BANCSHARES (UBFO)

Role
Director
Signature
/s/ Nabeel Mahmood
Stock symbol
UBFO
Transactions as of
Feb 28, 2023
Transactions value $
$0
Form type
4
Date filed
3/2/2023, 05:40 PM
Previous filing
Dec 2, 2022
Next filing
Jun 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UBFO Common Stock Options Exercise +1.5K +35.13% 5.77K Feb 28, 2023 Direct F1
transaction UBFO Common Stock Options Exercise +703 +12.18% 6.47K Mar 1, 2023 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 Award +1.5K +10% 16.5K Feb 28, 2023 Common Stock 1.5K $0.00 Direct F2
transaction UBFO Restricted Stock Units Options Exercise -1.5K -9.09% 15K Feb 28, 2023 Common Stock 1.5K $7.70 Direct F2, F3, F4
transaction UBFO Restricted Stock Units Award +703 +4.69% 15.7K Mar 1, 2023 Common Stock 703 $0.00 Direct F6
transaction UBFO Restricted Stock Units Options Exercise -703 -4.48% 15K Mar 1, 2023 Common Stock 1.5K $7.67 Direct F6, F7, F8
* 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 a grant of discretionary restricted stock units awarded on February 28, 2023, 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 February 28, 2023.
F4 Represents common stock closing price on February 28, 2023..
F5 Represents common stock issued pursuant to the vesting and settlement of 100% of the restricted stock units that were granted on March 1, 2023.
F6 Represents a grant of restricted stock units on March 1, 2023, 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.
F7 Represents the complete vesting of all restricted stock units granted on March 1, 2023.
F8 Represents common stock closing price on March 1, 2023.