SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* Anderson David Glenn (Last) (First) (Middle) C/O PEOPLE'S UTAH BANKCORP 1 EAST MAIN STREET (Street) AMERICAN FORK UT 84003 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol People's Utah Bancorp [ PUB ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner X Officer (give title below) Other (specify below) Sr. VP - Chief Credit Officer
	3. Date of Earliest Transaction (Month/Day/Year) 06/10/2016
	4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares	06/10/2016		J(1)		576,984	D	$0	0	I	By Glenmaur Investments, Ltd.
Common Shares	06/10/2016		J(1)		256,518	A	$0	259,212	D
Common Shares	06/10/2016		J(1)		7,487	A	$0	7,487	I	By his spouse Marie Anderson
Common Shares	06/10/2016		J(1)		5,769	A	$0	5,769	I	By Glenmaur Management LLC
Common Shares	06/10/2016		J(2)		5,769	D	$0	0	I	By Glenmaur Management LLC
Common Shares	06/10/2016		J(2)		5,769	A	$0	264,981	D
Common Shares	06/13/2016		J(3)		134,887	D	$0	130,094	D
Common Shares	06/13/2016		J(3)		134,887	A	$0	134,887	I	By The David G. Anderson Trust
Common Shares	06/13/2016		J(3)		134,887	D	$0	0	I	By The David G. Anderson Trust
Common Shares	06/13/2016		J(3)		134,887	A	$0	474,250	I	By Davemar Holding, LLC
Common Shares	06/13/2016		G(3)		127,400	D	$0	2,694	D
Common Shares	06/13/2016		G(3)		127,400	A	$0	134,887	I	By his spouse Marie Anderson
Common Shares	06/13/2016		J(3)		134,887	D	$0	0	I	By his spouse Marie Anderson
Common Shares	06/13/2016		J(3)		134,887	A	$0	134,887	I	By The Marie P. Anderson Trust
Common Shares	06/13/2016		J(3)		134,887	D	$0	0	I	By The Marie P. Anderson Trust
Common Shares	06/13/2016		J(3)		134,887	A	$0	609,137	I	By Davemar Holding, LLC

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. On June 10, 2016, Glenmaur Investments, Ltd. ("Glenmaur") distributed 576,984 common shares to its limited partners, including (i) 256,518 common shares to Mr. Anderson, which represents Mr. Anderson's pecuniary interest in the common shares held by Glenmaur, (ii) 7,487 common shares to Mr. Anderson's spouse Marie Anderson, and (iii) 5,769 common shares to Glenmaur Management LLC, an entity of which Mr. Anderson is the sole member.

2. On June 10, 2016, Glenmaur Management LLC distributed 5,769 common shares to Mr. Anderson, which represented Mr. Anderson's pecuniary interest in the common shares held by Glenmaur Management LLC.

3. On June 13, 2016, (i) Mr. Anderson transferred 134,887 common shares to The David G. Anderson Trust, in which Mr. Anderson is a trustee, (ii) The David G. Anderson Trust transferred 134,887 common shares to Davemar Holding, LLC ("Davemar"), in which Mr. Anderson is the managing member, (iii) Mr. Anderson gifted 127,400 common shares to his spouse Marie Anderson, (iv) Marie Anderson transferred 134,887 common shares to The Marie P. Anderson Trust, in which Mr. Anderson is a trustee, and (v) The Marie P. Anderson Trust transferred 134,887 common shares to Davemar.

	/s/ David G. Anderson	06/14/2016
	** Signature of Reporting Person	Date
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