UNITED COMMUNITY BANKS INC 4
4 · UNITED COMMUNITY BANKS INC · Filed Dec 6, 2016
Insider Transaction Report
Form 4
TALLENT JIMMY C
DirectorExecutive Chairman
Transactions
- Award
Common Stock (PSUs)
[F1]2016-12-02+25,353→ 71,553 total - Award
Common Stock (RSUs)
[F2]2016-12-02+10,866→ 30,666 total
Holdings
- 102,549
Common Stock
- 127,480.046
Common Stock Issuable
[F3] - 38,730.71(indirect: By 401(k))
Common Stock
[F3] - 77(indirect: By Spouse)
Common Stock
- 61(indirect: By Children)
Common Stock
Footnotes (3)
- [F1]Represents a grant of multi-year performance based Restricted Stock Units ("PSUs"). PSUs will vest at 25% on February 15, 2018, 2019, 2020 and 2021 based upon meeting certain operating performance criteria for each year. The annual operating performance for Threshold, Target and Maximum levels range are 50%, 100% and 150%, respectively, and are based upon meeting or exceeding certain annual operating return on assets and operating return on tangible common equity levels, which are weighted 50/50. If an individual Threshold level is not met, then that portion of the vesting level payable is zero.
- [F2]Represents a grant of multi-year time based Restricted Stock Units ("RSUs") that were granted in connection with the grant of PSUs. RSUs will vest at 25% on February 15, 2018, and November 15, 2018, 2019 and 2020.
- [F3]Includes shares acquired pursuant to dividend reinvestment.
Signature
Lois J. Rich, Attorney in Fact|2016-12-06