DAVID L. EYTCHESON - 28 Feb 2023 Form 4 Insider Report for UNITED SECURITY BANCSHARES (UBFO)

Role
SVP & COO
Signature
/s/ David L Eytcheson
Issuer symbol
UBFO
Transactions as of
28 Feb 2023
Transactions value $
$0
Form type
4
Filing time
01 Mar 2023, 16:32:28 UTC
Previous filing
04 Jan 2023
Next filing
23 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 +2K +3.04% 67.9K 28 Feb 2023 Direct F1, F5
transaction UBFO Common Stock Other $0 0 0% $0.00* 116K 28 Feb 2023 401 (K) 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 Award $0 +2K +100% $0.00 4K 28 Feb 2023 Common Stock 2K $0.00 Direct F1
transaction UBFO RESTRICTED STOCK UNITS Options Exercise -2K -50% 2K 28 Feb 2023 COMMON STOCK 2K $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 February 28, 2023 as a discretionary incentive award.
F2 Represents the complete vesting of all restricted stock units granted on February 28, 2023.
F3 Represents common stock closing price on February 28, 2023.
F4 Shares held in 401(K) where Mr. Eytcheson is the owner.
F5 Shares held in JT Ten by Mr. Eytcheson and his spouse.