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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.