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UNITY BANCORP INC /NJ/ Director's Dealing 2015

Mar 17, 2015

32788_dirs_2015-03-17_f9004549-b683-4936-8cc2-dae959518148.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNITY BANCORP INC /NJ/ (unty)
CIK: 0000920427
Period of Report: 2015-03-17

Reporting Person: KAUCHAK JOHN J (EVP/COO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-03-17 Restricted Stock A 2000 $9.11 Acquired 42800 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2015-03-17 Stock Options $9.11 A 10000 Acquired 2025-03-17 Common Stock (10000) Direct

Footnotes

F1: 2,000 restricted shares were granted effective 3/17/15 and issued from the 2013 Stock Bonus Plan; vesting commences with 500 shares on 3/17/16; 500 shares on 3/17/17; 500 shares on 3/17/18; and 500 shares on 3/17/19.

F2: Stock price at the close of business on 3/16/15.

F3: 26,357 are common stock and 16,443 shares are restricted stock.

F4: 10,000 non-qualified stock options were granted on 3/17/15 from the 2011 Stock Option Plan; vesting over a three-year period and on each of the first three anniversary dates, one-third of the option shall vest; i.e., 3,333 on 3/17/16; 3,333 on 3/17/17; and 3,334 on 3/17/18.

F5: 53,067 options are currently exerciable; 20,001 are unexercisable.