Home/Filings/4/0000857855-17-000048
4//SEC Filing

GILBERT BILL M 4

Accession 0000857855-17-000048

CIK 0000857855other

Filed

Sep 18, 8:00 PM ET

Accepted

Sep 19, 5:07 PM ET

Size

13.8 KB

Accession

0000857855-17-000048

Insider Transaction Report

Form 4
Period: 2017-09-15
GILBERT BILL M
SVP, Retail Banking
Transactions
  • Award

    Common Stock (Performance Stock Units)

    2017-09-15+3,2509,410 total
  • Award

    Common Stock (Restricted Stock Units)

    2017-09-15+1,39312,283 total
Holdings
  • Common Stock

    (indirect: By 401(k))
    1,750.2
  • Common Shares Issuable

    35,623.87
  • Common Stock

    11,376
  • Common Stock

    (indirect: By Spouse)
    177
Footnotes (2)
  • [F1]Represents the securities awarded on September 15, 2017 in the form of performance-based restricted stock units ("PSUs") that will vest on February 15, 2019, February 15, 2020, February 15, 2021 and February 15, 2022, based on the certification of achievement by the Issuer of certain targeted performance criteria, specifically Return on Assets and Return on Tangible Common Equity. Each PSU represents a contingent right to receive shares of common stock of the Issuer equal to the product of the applicable performance multiple and the target number of shares underlying the PSU, as set forth in the award agreement between the Issuer and the Reporting Person. The PSUs were issued to the Reporting Person pursuant to the Issuer's Amended and Restated 2000 Key Employee Stock Option Plan (the "Plan").
  • [F2]Represents the securities awarded on September 15, 2017 in the form of restricted stock units ("RSUs"). The RSUs were issued to the Reporting Person pursuant to the Plan. Each RSU represents a contingent right to receive one (1) share of the Issuer's common stock. The grant vests in four (4) equal annual installments: February 15, 2019, February 15, 2020, February 15, 2021 and February 15, 2022.

Issuer

UNITED COMMUNITY BANKS INC

CIK 0000857855

Entity typeother

Related Parties

1
  • filerCIK 0001327423

Filing Metadata

Form type
4
Filed
Sep 18, 8:00 PM ET
Accepted
Sep 19, 5:07 PM ET
Size
13.8 KB