HAAPALA GARY D 4/A
4/A · UNITED BANCORP INC /MI/ · Filed Mar 7, 2011
Insider Transaction Report
Form 4/AAmended
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
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) - Award
Restricted Stock Units
2011-03-02$3.35/sh+3,000$10,050→ 3,000 total→ Common Stock (3,000 underlying)
Holdings
- 4,123
Common Stock $0.00 Par
- 1,375
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 will vest one-third on each of the first three anniversaries of the date of the award.
- [F3]Each Restricted Stock Unit represents a contingent right to receive one share of common stock.
- [F4]Restricted Stock Units will vest and be convertible into shares of common stock upon the attainment by the Company of certain financial performance criteria for the year ending December 31, 2011 and continued employment through March 2, 2014.