Dennis R. Woods - 01 Mar 2023 Form 4 Insider Report for UNITED SECURITY BANCSHARES (UBFO)

Role: CEO, Director
Signature: /S/ DENNIS R WOODS
Issuer symbol: UBFO
Transactions as of: 01 Mar 2023
Net transactions value: $0
Form type: 4
Filing time: 02 Mar 2023, 18:43:04 UTC
Previous filing: 01 Mar 2023
Next filing: 13 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		+382	+0.04%		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%		230,584	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		+382	+19%		2,382	28 Feb 2023	COMMON STOCK	382	$0.000000	Direct	F1
transaction	UBFO	RESTRICTED STOCK UNITS	Options Exercise		+382	+24%		2,000	28 Feb 2023	COMMON STOCK	382	$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 March 1, 2023.
F2	Represents the complete vesting of all restricted stock units granted on March 1, 2023.
F3	Represents common stock closing price on March 1, 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.