TALLENT JIMMY C 4
4 · UNITED COMMUNITY BANKS INC · Filed Sep 22, 2017
Insider Transaction Report
Form 4
TALLENT JIMMY C
DirectorPresident & CEO
Transactions
- Award
Common Stock (PSUs)
2017-09-20+23,794→ 72,247 total - Award
Common Stock (RSUs)
2017-09-20+10,198→ 30,964 total
Holdings
- 61(indirect: By Children)
Common Stock
- 77(indirect: By Spouse)
Common Stock
- 38,584.3(indirect: By 401(k))
Common Stock
- 102,549
Common Stock
- 160,945.3
Common Stock Issuable
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.