X0304 5 2011-12-31 0 0 1 0000704561 UNITED BANCORPORATION OF ALABAMA INC UBAB 0001444982 Maxwell Richard King P.O. BOX 8 ATMORE AL 36504 1 0 0 0 Class A Common Stock 2011-02-14 5 J 0 50.7419 0.00 A 5176.1851 D Class A Common Stock 2011-07-18 5 J 0 51.2493 0.00 A 5176.1851 D Nonstatutory Stock Option 18.00 2006-08-15 2016-08-15 Cl A Common Stock 400 2000 D Nonstatutory Stock Option 18.00 2007-08-15 2016-08-15 Cl A Common Stock 400 2000 D Nonstatutory Stock Option 18.00 2008-08-15 2016-08-15 Cl A Common Stock 400 2000 D Nonstatutory Stock Option 18.00 2009-08-15 2016-08-15 Cl A Common Stock 400 2000 D Nonstatutory Stock Option 18.00 2010-08-15 2016-08-15 Cl A Common Stock 400 2000 D Nonstatutory Stock Option 14.85 2009-06-09 4 A 0 2000 0.00 A 2009-06-09 2019-06-09 Cl A Common Stock 400 4000 D Nonstatutory Stock Option 14.85 2009-06-09 4 A 0 2000 0.00 A 2010-06-09 2019-06-09 Cl A Common Stock 400 4000 D Nonstatutory Stock Option 14.85 2009-06-09 4 A 0 2000 0.00 A 2011-06-09 2019-06-09 Cl A Common Stock 400 4000 D Nonstatutory Stock Option 14.85 2009-06-09 4 A 0 2000 0.00 A 2012-06-09 2019-06-09 Cl A Common Stock 400 4000 D Nonstatutory Stock Option 14.85 2009-06-09 4 A 0 2000 0.00 A 2013-06-09 2019-06-09 Cl A Common Stock 400 4000 D Semiannual stock dividend. A stock dividend of 1.0% was distributed. Fractional shares were paid cash amount equivalent to $14.00 per share. Securities were issued as part of a Nonstatutory Stock Option Grant Agreement. At each exercise date the shares are granted at no cost. Richard K. Maxwell 2012-02-16