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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
TALLENT JIMMY C PO BOX 398 BLAIRSVILLE, GA 30514 |
X | President & CEO |
Lois J. Rich, Attorney in Fact | 07/02/2013 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Reflects a reclassification upon vesting of 12,807 RSUs into United Community Banks Deferred Compensation Plan. |
(2) | RSU Award represents a one-time discretionary grant of the number of shares equal to $310,500 divided by the fair market value of a share of Common Stock as of the close of business on June 28, 2013. All shares of Common Stock subject to the award are deferred into the United Community Banks Deferred Compensation Plan and will remain deferred until termination of service as a director and officer in accordance with the terms of the plan, at which time they will be distributed in equal installments over a period of five years. No consideration was paid by the reporting person in connection with this award. |
(3) | Includes 77 shares owned by Mr. Tallent's wife for which he claims beneficial ownership. |
(4) | Includes 61 shares owned by Mr. Tallent's minor grandchildren for which he claims beneficial ownership. |