Filing Details

Accession Number:
0000857855-10-000009
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-11-16 13:01:01
Reporting Period:
2010-11-16
Filing Date:
2010-11-16
Accepted Time:
2010-11-16 13:01:01
SEC Url:
Form 4 Filing
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
1184723 C Jimmy Tallent Po Box 398
Blairsville GA 30514
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 Acquisiton 2010-11-16 50,000 $1.27 168,767 No 4 P Indirect By 401k
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By 401k
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 471,407 Direct
Common Stock (Rsu's) 24,311 Direct
Common Stock Issuable 32,837 Direct
Common Stock 385 Indirect Jeanne Tallent (Spouse)
Common Stock 308 Indirect Jimmy C. Tallent CUST FBO [Minor Grandchildren]
Footnotes
  1. Includes a reclassification of 7,107 RSU's upon vesting on May 20, 2010 to Common Shares Issuable.
  2. Acquired pursuant to The United Community Banks Deferred Compensation Plan. The number of shares as quoted are based upon the previous day's market value of $1.25 per share of UCBI common stock and can fluctuate with the stock price. The units are to be settled in United Community Banks common stock at the NAV after termination of employment.
  3. Includes 385 shares owned by Mr. Tallent's spouse for which he claims beneficial ownership.
  4. Includes 308 shares owned by Mr. Tallent's minor grandchildren for which he claims beneficial ownership.