5//SEC Filing
UNITED COMMUNITY BANKS INC 5
Accession 0000857855-15-000014
$UCBCIK 0000857855operating
Filed
Feb 16, 7:00 PM ET
Accepted
Feb 17, 6:04 PM ET
Size
23.2 KB
Accession
0000857855-15-000014
Insider Transaction Report
Form 5
SCHUETTE REX S
EVP & CFO
Transactions
- Tax Payment
Common Stock
2014-09-13$18.31/sh−2,005$36,712→ 33,721 total - Award
Common Shares Issuable
2014-10-01$16.36/sh+64$1,047→ 34,843 total - Award
Common Shares Issuable
2014-12-29$19.28/sh+1$19→ 34,843 total
Holdings
- 1,800(indirect: By Spouse)
Common Stock
- 1,042
Incentive Stock Option (right to buy)
Exercise: $111.20Exp: 2015-05-16→ Common Stock (1,042 underlying) - 4,156
Non-Qualified Stock Option (right to buy)
Exercise: $66.40Exp: 2018-05-05→ Common Stock (4,156 underlying) - 18,348
Common Stock (RSUs)
- 16,414(indirect: By 401(k))
Common Stock
- 3,637
Non-Qualified Stock Option (right to buy)
Exercise: $138.80Exp: 2016-04-26→ Common Stock (3,637 underlying) - 1,452
Non-Qualified Stock Option (right to buy)
Exercise: $111.20Exp: 2015-05-16→ Common Stock (1,452 underlying) - 3,845
Non-Qualified Stock Option (right to buy)
Exercise: $147.60Exp: 2017-04-25→ Common Stock (3,845 underlying) - 42,812
Common Stock (PSUs)
Footnotes (9)
- [F1]Represents shares of United Community Banks, Inc. Common Stock withheld to satisfy tax obligations upon vesting of Restricted Stock Units ("RSUs") and performance-based Restricted Stock Units ("PSUs").
- [F2]Reflects reclassification of RSUs and PSUs into Common Stock and Phantom Stock pursuant to the United Community Banks, Inc. Deferred Compensation Plan.
- [F3]Represents acquisition of Phantom Stock pursuant to the United Community Banks Deferred Compensation Plan. Phantom Stock is to be settled in shares of Common Stock, on a one-for-one basis, following the Reporting Person's termination of services.
- [F4]On June 30, 2014, all Common Shares Issuable changed from a unitized fund, where settlement was based on NAV, to a share-for-share phantom stock fund.
- [F5]This option became exercisable to the extent of 40% of the shares optioned after three years from the date of grant (5/16/05), and 60% on the subsequent anniversary date.
- [F6]This option became exercisable to the extent of 43% of the shares optioned after one year from the date of grant (5/16/05), 43% after two years, and 14% on the fourth anniversary of date of grant.
- [F7]This option became exercisable to the extent of 25% of the shares optioned after one year from the date of grant (4/26/06), and 25% on each of the subsequent three anniversary dates thereafter.
- [F8]This option became exercisable to the extent of 25% of the shares optioned after one year from the date of grant (4/25/07), and 25% on each of the subsequent three anniversary dates thereafter.
- [F9]This option became exercisable to the extent of 25% of the shares optioned after one year from the date of grant (05/05/08), and 25% on each of the subsequent three anniversary dates thereafter.
Issuer
UNITED COMMUNITY BANKS INC
CIK 0000857855
Entity typeoperating
IncorporatedGA
Related Parties
1- filerCIK 0000857855
Filing Metadata
- Form type
- 5
- Filed
- Feb 16, 7:00 PM ET
- Accepted
- Feb 17, 6:04 PM ET
- Size
- 23.2 KB