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UNITY BANCORP INC /NJ/ — Director's Dealing 2024
Mar 12, 2024
32788_dirs_2024-03-12_0a7664e3-bf72-4ae1-add3-7218811b84bc.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: 2024-03-08
Reporting Person: HUGHES JAMES A (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-08 | Restricted Stock | A | 18000.00 | $0.00 | Acquired | 60824.00 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 139735.00 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Options (Right to buy) | $ | Common Stock () | 111000.00 | Direct |
Footnotes
F1: 18,000 restricted shares were granted on 3/8/2024 from the 2023 Equity Compensation Plan and vest over 4 years; vesting commences with 4,500 shares on 3/8/2025, 4,500 shares on 3/8/2026, 4,500 shares on 3/8/2027, and 4,500 shares on 3/8/2028.
F2: 60,000 shares are held in an account at Computershare, which have upcoming vesting dates, 824 are dividend reinvested shares for a total of 60,824.
F3: 111,941 shares are held in an account at Shareworks, 6,085 are held in an account at Computershare, 12,327 shares are held in additional brokerage accounts, and 9,382 are held in a 401(K) for a total of 139,735.
F4: 111,000 stock options were granted under various dates and vesting periods of which 102,667 are currently exercisable.