0001137547-23-000052.txt : 20230605
0001137547-23-000052.hdr.sgml : 20230605
20230605164713
ACCESSION NUMBER: 0001137547-23-000052
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230601
FILED AS OF DATE: 20230605
DATE AS OF CHANGE: 20230605
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: MACKOVAK BENJAMIN
CENTRAL INDEX KEY: 0001697577
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-32897
FILM NUMBER: 23993269
MAIL ADDRESS:
STREET 1: 2126 INYO STREET
CITY: FRESNO
STATE: CA
ZIP: 93721
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: UNITED SECURITY BANCSHARES
CENTRAL INDEX KEY: 0001137547
STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021]
IRS NUMBER: 912112732
STATE OF INCORPORATION: CA
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 2126 INYO STREET
CITY: FRESNO
STATE: CA
ZIP: 93721
BUSINESS PHONE: 5592484930
MAIL ADDRESS:
STREET 1: 2126 INYO STREET
CITY: FRESNO
STATE: CA
ZIP: 93721
4
1
wk-form4_1685998009.xml
FORM 4
X0407
4
2023-06-01
0
0001137547
UNITED SECURITY BANCSHARES
UBFO
0001697577
MACKOVAK BENJAMIN
2126 INYO STREET
FRESNO
CA
93721
1
0
0
0
0
Common Stock
2023-06-01
4
M
0
569
A
6814
D
Common Stock
2023-06-01
4
S
0
932491
7
D
0
I
By: Strategic Value Investors LP
Restricted Stock Units
0
2023-06-01
4
A
0
569
A
2023-06-01
2023-06-01
Common Stock
569
15569
D
Restricted Stock Units
6.22
2023-06-01
4
M
0
569
D
2023-06-01
2023-06-01
Common Stock
569
15000
D
Represents common stock issued pursuant to the vesting and settlement of 100% of the restricted stock units that were granted on June 1, 2023.
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, if any, and the filing of this report is not an admission that the Mr. Mackovak was the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
Represents a grant of restricted stock units on June 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.
Represents common stock closing price on June 1, 2023.
Represents the complete vesting of all restricted stock units granted on June 1, 2023.
/s/ Benjamin Mackovak
2023-06-05