Dora Westerlund - 01 Sep 2022 Form 4 Insider Report for UNITED SECURITY BANCSHARES (UBFO)

Role
Director
Signature
/s/ Dora Westerlund
Issuer symbol
UBFO
Transactions as of
01 Sep 2022
Transactions value $
$0
Form type
4
Filing time
06 Sep 2022, 14:14:06 UTC
Previous filing
03 Jun 2022
Next filing
02 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UBFO Common Stock Options Exercise +863 +49.51% 2.61K 01 Sep 2022 Direct F1

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 +863 863 01 Sep 2022 Common Stock 863 $0.00 Direct F2
transaction UBFO Restricted Stock Units Options Exercise -863 -100% 0 01 Sep 2022 Common Stock 863 $7.16 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 September 1, 2022.
F2 Represents a grant of restricted stock units on September 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 September 1, 2022.
F4 Represents common stock closing price on September 1, 2022.