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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
857855	United Community Banks Inc	UCBI	State Commercial Banks (6022)	581807304

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1188404	B Nicholas Paumgarten	C/O United Community Banks, Inc. Po Box 398 Blairsville GA 30514		Yes	No	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	Disposition	2015-11-25	3,000,000	$20.15	7,300,047	No	4	S	Indirect	Held through Corsair Georgia, L.P.

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	Held through Corsair Georgia, L.P.

Footnotes

This amount represents the price per share of common stock, $1.00 par value per share, of United Community Banks, Inc. (the "Issuer") received by Corsair Georgia, L.P. ("Corsair Georgia") in an underwritten secondary block trade. Shares sold by Corsair Georgia were non-voting common stock.
Reflects securities held directly by Corsair Georgia. The shares reported include 4,026,724 shares of non-voting common stock.
Corsair IV Management GP, Ltd. ("Corsair GP") is the general partner of Corsair Georgia. Corsair IV Financial Services Capital Partners, L.P. ("Corsair LP") is a limited partner of Corsair Georgia. Corsair IV Management, L.P. ("Corsair IV Management") is the general partner of Corsair LP. Corsair Capital is the general partner of Corsair IV Management. Corsair GP is controlled by Nicholas B. Paumgarten (the "Reporting Person"). Corsair Capital is controlled by the Reporting Person. Each limited partner of Corsair Georgia has the right to withdraw from Corsair Georgia by delivering written notice to Corsair GP requesting that Corsair GP dispose of such limited partners pro rata share of voting Common Stock held by Corsair Georgia.
The Reporting Person may be deemed to be the beneficial owner of the securities reported herein, and disclaims beneficial ownership of any such securities, except to the extent of his pecuniary interest therein.