HAAPALA GARY D 4
4 · UNITED BANCORP INC /MI/ · Filed Mar 4, 2011
Insider Transaction Report
Form 4
UNITED BANCORP INC /MI/UBMI.OB
HAAPALA GARY D
Executive Vice President
Transactions
- Award
Common Stock $0.00 Par
2011-03-02$3.35/sh+1,000$3,350→ 1,000 total - Award
Restricted Stock Units
2011-03-02$3.35/sh+3,000$10,050→ 3,000 total→ Common Stock (3,000 underlying) - Award
Stock Appreciation Rights
2011-03-02$3.35/sh+8,000$26,800→ 8,000 totalExercise: $3.35Exp: 2021-03-02→ Common Stock (8,000 underlying)
Holdings
- 1,375
Common Stock $0.00 Par
- 4,123
Common Stock $0.00 Par
Footnotes (4)
- [F1]Restricted Stock issued under the Stock Incentive Plan of 2010.
- [F2]Stock Appreciation Rights settled in shares of common stock. The right to exercise the Stock Appreciation Rights shall vest one-third on each of the first three anniversaries of the date of the Agreement.
- [F3]Each Restricted Stock Unit is equal to one share of United common stock, no par value.
- [F4]Restricted Stock Units shall be vested and settled upon satisfaction of time based and performance based vesting requirements.