Filing Details
- Accession Number:
- 0001181431-12-046765
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2012-08-21 16:30:45
- Reporting Period:
- 2012-08-17
- Filing Date:
- 2012-08-21
- Accepted Time:
- 2012-08-21 16:30:45
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 717806 | United Security Bancshares Inc | USBI | State Commercial Banks (6022) | 630843362 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1533804 | F James House | P O Box 249 Thomasville AL 36784 | President & Ceo | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $.01 | Acquisiton | 2012-08-17 | 10,000 | $6.21 | 15,000 | No | 4 | P | Direct | |
| Common Stock, Par Value $.01 | Acquisiton | 2012-08-21 | 5,000 | $0.00 | 20,000 | No | 4 | A | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Direct | |
| No | 4 | A | Direct |
Footnotes
- This price represents the weighted average purchase price for multiple transactions reported on this line. The prices of the transactions reported on this line ranged from $6.00 to $6.25. Upon request by the Commission staff, the issuer or a security holder of the issuer, the reporting person will undertake to provide full information regarding the number of shares purchased at each separate price.
- Pursuant to the terms of Mr. House's Executive Employment Agreement with United Security Bancshares, Inc. (the "Company") and First United Security Bank (the "Bank"), the Board of Directors of the Company awarded 5,000 fully-vested shares of common stock of the Company to Mr. House based on his personal performance and leadership since the commencement of his employment on November 7, 2011 with the Company and the Bank.
Billionaire Hedge Funds
