0000857855-15-000052.txt : 20151125 0000857855-15-000052.hdr.sgml : 20151125 20151125163710 ACCESSION NUMBER: 0000857855-15-000052 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20151125 FILED AS OF DATE: 20151125 DATE AS OF CHANGE: 20151125 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: UNITED COMMUNITY BANKS INC CENTRAL INDEX KEY: 0000857855 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 581807304 STATE OF INCORPORATION: GA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: P O BOX 398, 59 HIGHWAY 515 CITY: BLAIRSVILLE STATE: GA ZIP: 30512 BUSINESS PHONE: 5818073041 MAIL ADDRESS: STREET 1: P O BOX 398 STREET 2: HIGHWAY 515 CITY: BLAIRSVILLE STATE: GA ZIP: 30512 FORMER COMPANY: FORMER CONFORMED NAME: UNION BANCSHARES INC /GA/ DATE OF NAME CHANGE: 19600201 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: PAUMGARTEN NICHOLAS B CENTRAL INDEX KEY: 0001188404 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35095 FILM NUMBER: 151256554 MAIL ADDRESS: STREET 1: C/O JP MORGAN CHASE STREET 2: 227 PARK AVE 45TH FL CITY: NEW YORK STATE: NY ZIP: 10172 4 1 edgar.xml PRIMARY DOCUMENT X0306 4 2015-11-25 0000857855 UNITED COMMUNITY BANKS INC UCBI 0001188404 PAUMGARTEN NICHOLAS B C/O UNITED COMMUNITY BANKS, INC. PO BOX 398 BLAIRSVILLE GA 30514 1 0 0 0 Common Stock 2015-11-25 4 S 0 3000000 20.15 D 7300047 I Held through Corsair Georgia, L.P. 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. Lois J. Rich by power of attorney 2015-11-25 EX-24 2 poa_nickpaumgarten.htm POWER OF ATTORNEY

          POWER OF ATTORNEY BY NICHOLAS B. PAUMGARTEN (Insider)







     KNOW ALL BY THESE PRESENTS, THAT THE UNDERSIGNED HEREBY CONSTITUTES AND

APPOINTS (A) REX S. SCHUETTE; B) LOIS J. RICH; AND (C) LORRAINE G. MCKAY,

SIGNING SINGLY, THE UNDERSIGNED'S TRUE AND LAWFUL ATTORNEY-IN-FACT TO:



     (1)   Execute for and on behalf of the undersigned, in the

         undersigned's capacity as an officer and/or director

         of United Community Banks, Inc. (the "Company"),

         Forms 3, 4, and 5 in accordance with Section 16(a)

         of the Securities Exchange Act of 1934 and the rules

         thereunder;



     (2)   Do and perform any and all acts for and on behalf of

         the undersigned which may be necessary or desirable

         to complete and execute any such Form 3, 4, or 5,

         complete and execute any amendment or amendments

         thereto, and timely file such form with the United

         States Securities and Exchange Commission and any

         stock exchange or similar authority; and



     (3)   Take any other action of any type whatsoever in

         connection with the foregoing which, in the opinion

         of such attorney-in-fact, may be of benefit to, in

         the best interest of, or legally required by, the

         undersigned, it being understood that the documents

         executed by such attorney-in-fact on behalf of the

         undersigned pursuant to this Power of Attorney shall

         be in such form and shall contain such terms and

         conditions as such attorney-in-fact may approve in

         such attorney-in-fact's discretion.



     The undersigned hereby grants to each such attorney-in-fact full power and

authority to do and perform any and every act and thing whatsoever requisite,

necessary, or proper to be done in the exercise of any of the rights and powers

herein granted, as fully to all intents and purposes as the undersigned might

or could do if personally present, with full power of substitution or revo-

cation, hereby ratifying and confirming all that such attorney-in-fact, or

such attorney-in-fact's substitute or substitutes, shall lawfully do or cause

to be done by virtue of this power of attorney and the rights and powers

herein granted. The undersigned acknowledges that the foregoing attorneys-

in-fact, in serving in such capacity at the request of the undersigned, are

not assuming, nor is the Company assuming, any of the undersigned's

responsibilities to comply with Section 16 of the Securities Exchange Act of

1934.



     This Power of Attorney shall remain in full force and effect until the

undersigned is no longer required to file Forms 3, 4, and 5 with respect to

the undersigned's holdings of and transactions in securities issued by the

Company, unless earlier revoked by the undersigned in a signed writing de-

livered to the foregoing attorneys-in-fact.





     IN WITNESS WHEREOF, THE UNDERSIGNED HAS CAUSED THIS POWER OF ATTORNEY

TO BE EXECUTED AS OF THIS 8TH DAY OF SEPTEMBER 2015.





/s/ NICHOLAS B. PAUMGARTEN

Signature



NICHOLAS B. PAUMGARTEN

Print Name