MICHAEL WOOLF - 01 Jun 2022 Form 4 Insider Report for UNITED SECURITY BANCSHARES (UBFO)

Role
Director
Signature
/S/ MICHAEL WOOLF
Issuer symbol
UBFO
Transactions as of
01 Jun 2022
Net transactions value
$0
Form type
4
Filing time
03 Jun 2022, 16:53:29 UTC
Previous filing
03 Mar 2022
Next filing
06 Sep 2022
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 +428 +0.18% 243,653 01 Jun 2022 Direct F1, 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 +428 428 01 Jun 2022 COMMON STOCK 428 $0.000000 Direct F2
transaction UBFO RESTRICTED STOCK UNITS Options Exercise -428 -100% 0 01 Jun 2022 COMMON STOCK 428 $7.70 Direct F2, F3, F4
* 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 June 1, 2022.
F2 Represents a grant of restricted stock units on June 1, 2022, 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 June 1, 2022.
F4 Represents common stock closing price on June 1, 2022.
F5 Includes 2,393 shares owned by Son & Spouse.