4//SEC Filing
MACKOVAK BENJAMIN 4
Accession 0001567619-23-004277
CIK 0001137547other
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 7:34 PM ET
Size
17.9 KB
Accession
0001567619-23-004277
Insider Transaction Report
Form 4
MACKOVAK BENJAMIN
Director
Transactions
- Award
Restricted Stock Units
2023-02-28+1,500→ 16,500 totalExercise: $0.00From: 2023-02-28Exp: 2023-02-28→ Common Stock (1,500 underlying) - Exercise/Conversion
Restricted Stock Units
2023-02-28−1,500→ 15,000 totalExercise: $7.70From: 2023-02-28Exp: 2023-02-28→ Common Stock (1,500 underlying) - Award
Restricted Stock Units
2023-03-01+497→ 15,497 totalExercise: $0.00From: 2023-03-01Exp: 2023-03-01→ Common Stock (497 underlying) - Exercise/Conversion
Common Stock
2023-02-28+1,500→ 5,748 total - Exercise/Conversion
Common Stock
2023-03-01+497→ 6,245 total - Other
COMMON STOCK
2023-03-01+0→ 932,491 total(indirect: By: Strategic Value Investors LP) - Exercise/Conversion
Restricted Stock Units
2023-03-01−467→ 15,000 totalExercise: $7.67From: 2023-03-01Exp: 2023-03-01→ Common Stock (497 underlying)
Footnotes (9)
- [F1]Represents common stock issued pursuant to the vesting and settlement of 100% of the restricted stock units that were granted on February 28, 2023 as a discretionary incentive award.
- [F2]Represents a grant of discretionary restricted stock units awarded on February 28, 2023, in consideration for service as a member of the Company's Board of Directors. 100% of the restricted stock units were vested on the grant date.
- [F3]Represents the complete vesting of all restricted stock units granted on February 28, 2023.
- [F4]Represents common stock closing price on February 28, 2023..
- [F5]Represents common stock issued pursuant to the vesting and settlement of 100% of the restricted stock units that were granted on March 1, 2023.
- [F6]Represents a grant of restricted stock units on March 1, 2023, in consideration for service as a member of the Company's Board of Directors. 100% of the restricted stock units were vested on the grant date.
- [F7]Represents the complete vesting of all restricted stock units granted on March 1, 2023.
- [F8]Represents common stock closing price on March 1, 2023.
- [F9]Shares owned directly by Strategic Value Investors LP. Mr. Mackovak, solely by virtue of his position as a managing member of Strategic Value Bank Partners LLC, which serves as the general partner of Strategic Value Investors LP, may be deemed to beneficially own the shares owned directly by Strategic Value Investors LP for purposes of Section 16. Mr. Mackovak expressly disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. For disclosure purposes only.
Documents
Issuer
UNITED SECURITY BANCSHARES
CIK 0001137547
Entity typeother
Related Parties
1- filerCIK 0001697577
Filing Metadata
- Form type
- 4
- Filed
- Mar 1, 7:00 PM ET
- Accepted
- Mar 2, 7:34 PM ET
- Size
- 17.9 KB