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UNITY BANCORP INC /NJ/ — Director's Dealing 2020
Dec 15, 2020
32788_dirs_2020-12-15_0dd4e93c-d6cd-4954-9ac5-f42ffba78e4b.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: 2020-12-11
Reporting Person: Kuras Adam (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-12-11 | Restricted Stock | A | 500.00 | $0.00 | Acquired | 1500.00 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-12-11 | Stock Options (Right to buy) | $18.64 | A | 2000.00 | Acquired | 2030-12-11 | Common Stock (2000.00) | Direct |
Footnotes
F1: 500 restricted shares were granted on 12/11//2020 from the 2019 Equity Compensation Plan and vest over four years; vesting commences with 125 shares on 12/11/2021, 125 shares on12/11/2022, 125 shares on 12/11/2023, and 125 shares on 12/11/2024.
F2: 1,500 restricted shares are held in an account at Computershare, which have upcoming vesting dates.
F3: 2,000 stock options were granted on 12/11/2020 from the 2019 Equity Compensation Plan, of which none are currently exercisable.
F4: 33+% per year for 3 years beginning on 11-Dec-2020
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