Dora Westerlund - 28 Feb 2023 Form 4 Insider Report for UNITED SECURITY BANCSHARES (UBFO)

Role: Director
Signature: /s/ Dora Westerlund
Issuer symbol: UBFO
Transactions as of: 28 Feb 2023
Net transactions value: $0
Form type: 4
Filing time: 02 Mar 2023, 18:19:19 UTC
Previous filing: 02 Dec 2022
Next filing: 02 Jun 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		+1,500	+43%		4,983	28 Feb 2023	Direct	F1
transaction	UBFO	Common Stock	Options Exercise		+806	+16%		5,789	01 Mar 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		+1,500			1,500	28 Feb 2023	Common Stock	1,500	$0.000000	Direct	F2
transaction	UBFO	Restricted Stock Units	Options Exercise		-1,500	-100%		0	28 Feb 2023	Common Stock	1,500	$7.70	Direct	F2, F3, F4
transaction	UBFO	Restricted Stock Units	Award		+806			806	01 Mar 2023	Common Stock	806	$0.000000	Direct	F6
transaction	UBFO	Restricted Stock Units	Options Exercise		-806	-100%		0	01 Mar 2023	Common Stock	806	$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.