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UNITY BANCORP INC /NJ/ Director's Dealing 2020

Mar 18, 2020

32788_dirs_2020-03-18_6622093c-326d-4d17-91c5-3f5dc9f77205.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: 2020-03-16

Reporting Person: Bolomey Janice (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-03-16 Restricted Stock A 4000.00 $0.00 Acquired 10500.00 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-03-16 Stock Option (Right to Buy) $16.27 A 10000.00 Acquired 2030-03-16 Common Stock (10000.00) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 22962.00 Direct

Footnotes

F1: 4,000 restricted shares were granted on 3/16/2020 from the 2019 Equity Compensation Plan and vest over four years; vesting commences with 1,000 shares on 3/16/2021, 1,000 shares on 3/16/2022, 1,000 shares on 3/16/2023, and 1,000 shares on 3/16/2024.

F2: 10,500 restricted shares are held in an account at Computershare, which have upcoming vesting dates.

F3: 22,962 shares are held in an account at Shareworks

F4: 10,000 stock options were granted on 3/16/2020 from the 2019 Equity Compensation Plan and vest over three years; vesting commences with 3,334 shares on 3/16/2021, 3,333 shares on 3/16/2022, and 3,333 shares on 3/16/2023.

F5: 102,000 stock options were granted under various dates and vesting periods of which 82,001 are currently exercisable.