SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Altman Louis Michael

(Last) (First) (Middle)
275 WEST FEDERAL STREET

(Street)
YOUNGSTOWN OH 44503

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
UNITED COMMUNITY FINANCIAL CORP [ UCFC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/09/2017
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Shares 02/09/2017 J(1) 54,316 A $0.00 61,285 D(2)
Common Shares 02/09/2017 J(1) 3,248 A $0.00 3,396 I By Irrevocable Trust Agreement of Louis M. Altman(3)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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 Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Pro-rata distribution by AF Capital Holdings, LLC ("AF Capital") to its members upon conversion of each issued and oustanding share of Ohio Legacy Corp. ("OLC") common stock into a right to receive 2.736 shares of United Community Financial Corp. (the "Issuer") common stock, pursuant to the Agreement and Plan of Merger by and between the Issuer, The Home Savings and Loan Company of Youngstown, Ohio, OLC, and Premier Bank & Trust, dated as of September 8, 2016 (the "Merger Agreement"), at the effective time of the merger, subject to proration and allocation requirements in the Merger Agreement.
2. The shares of Issuer common stock were initially distributed to Louis M. Altman, LLC before being distributed to the reporting person, as sole member of Louis M. Altman, LLC.
3. The reporting person's spouse is trustee of the trust. The reporting person disclaims ownership of these securities, and the filing of this Form 4 is not an admission that the reporting person is the beneficial owner of these securities for the purposes of Section 16 or for any other purpose.
Remarks:
/s/ Jude J. Nohra, POA for Louis M. Altman 02/13/2017
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
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