David L. Eytcheson - 31 Dec 2021 Form 4 Insider Report for UNITED SECURITY BANCSHARES (UBFO)

Role
SVP & COO
Signature
/s/ David L Eytcheson
Issuer symbol
UBFO
Transactions as of
31 Dec 2021
Transactions value $
-$5,262
Form type
4
Filing time
04 Jan 2022, 12:23:17 UTC
Previous filing
17 Dec 2021
Next filing
18 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UBFO Common Stock Options Exercise +2K +2.03% 100K 31 Dec 2021 Direct F1, F5
transaction UBFO Common Stock Tax liability -$5.26K -648 -0.64% $8.12 99.8K 31 Dec 2021 Direct F2, F3, F5
transaction UBFO Common Stock Other $0 0 0% $0.00* 116K 31 Dec 2021 Direct F4

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 -33.33% $0.00 4K 31 Dec 2021 Common Stock 2K $8.12 Direct F1, F2
* 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 31, 2021.
F2 Represents the market closing prince on December 31, 2021.
F3 Reflects shares withheld for taxes.
F4 Shares held in 401(K) where Mr. Eytcheson is the owner.
F5 Shares held in JT Ten by Mr. Eytcheson and his spouse.