4/A//SEC Filing
CHADDERDON DALE L 4/A
Accession 0000775345-07-000034
CIK 0000775345other
Filed
Feb 1, 7:00 PM ET
Accepted
Feb 2, 10:17 AM ET
Size
8.3 KB
Accession
0000775345-07-000034
Insider Transaction Report
Form 4/AAmended
UNITED BANCORP INC /MI/UBMI.OB
CHADDERDON DALE L
EVP & CFO, Secretary & Treas.
Transactions
- Award
Deferred Stock Units
2007-01-31$44.15/sh+3.058$135→ 358.343 total→ Common Stock (3.058 underlying)
Holdings
- 13,626
Common Stock $0.00 Par
- 1,024
Common Stock $0.00 Par
- 2,621
Common Stock $0.00 Par
Footnotes (1)
- [F1]The repoprting person has received an exempt award of deferred stock units under United Bancorp's Senior Management Bonus Deferral Stock Plan. Under the Plan, a senior officer may elect to defer payment of all or a portion of his future cash bonus in an amount no greater than the maximum amount of retainer fees which a director could defer for the same calendar year under the United Bancorp, Inc. Director Retainer Stock Plan by electing to receive in lieu of such bonus deferred stock units. The amount of deferred stock units is equal to the amount of the bonus the senior officer has elected to defer, divided by the market price of the common stock of United Bancorp on the date such bonus amount would otherwise have been paid. The deferred stock units are awarded on the date such bonus would otherwise have been paid and are immediately vested. Each deferred stock unit is the economic equivalent of one share of common stock.
Documents
Issuer
UNITED BANCORP INC /MI/
CIK 0000775345
Entity typeother
Related Parties
1- filerCIK 0001256693
Filing Metadata
- Form type
- 4/A
- Filed
- Feb 1, 7:00 PM ET
- Accepted
- Feb 2, 10:17 AM ET
- Size
- 8.3 KB