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