SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Orlando Warren S

(Last) (First) (Middle)
ONE NORTH FEDERAL HIGHWAY

(Street)
BOCA RATON FL 33432

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
04/28/2009
3. Issuer Name and Ticker or Trading Symbol
1st United Bancorp, Inc. [ FSDB ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chairman of the Board
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 940 I As trustee for his grandchildren
Common Stock 31,278 I By .KOMM Investments, Ltd.
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Options 07/01/2003 07/01/2013 Common Stock 34,448 $10.6 D
Employee Stock Options 04/30/2004 04/30/2014 Common Stock 53,333 $12.5 D
Employee Stock Options 12/19/2005 12/19/2015 Common Stock 69,355 $13.5 D
Employee Stock Options (1) 03/01/2018 Common Stock 64,395 $14.5 D
Employee Stock Options (2) 09/30/2018 Common Stock 60,000 $7 D
Explanation of Responses:
1. The options were granted on March 1, 2008 and vest in ten equal annual installments beginning March 1, 2010.
2. The options were granted on September 30, 2008 and vest in five equal annual installments beginning September 30, 2009.
Remarks:
Exhibit List Exhibit 24 - Limited Power of Attorney
/S/ Warren S. Orlando 04/23/2009
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.