DAVID L. EYTCHESON - 29 Dec 2023 Form 4 Insider Report for UNITED SECURITY BANCSHARES (UBFO)

Role
SVP & COO
Signature
/s/ David L Eytcheson
Issuer symbol
UBFO
Transactions as of
29 Dec 2023
Transactions value $
-$4,996
Form type
4
Filing time
02 Jan 2024, 15:23:13 UTC
Previous filing
27 Oct 2023
Next filing
19 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UBFO Common Stock Options Exercise +2K +19.08% 12.5K 29 Dec 2023 Direct F1, F2
transaction UBFO Common Stock Tax liability -$5K -594 -4.76% $8.41 11.9K 29 Dec 2023 Direct F2, F3, F4
transaction UBFO Common Stock Other $0 0 0% $0.00* 116K 29 Dec 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 Options Exercise $0 -2K -100% $0.00* 0 29 Dec 2023 Common Stock 2K $8.41 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents one-third vesting of restricted stock units (RSUs) granted February 23, 2021 that vested December 29, 2023.
F2 Shares held in JT Ten by Mr. Eytcheson and his spouse.
F3 Reflects shares withheld for taxes.
F4 Represents the market closing price on December 29,2023.
F5 Shares held in 401(K) where Mr. Eytcheson is the owner.