Tucker Aaron 4
4 · UNITY BANCORP INC /NJ/ · Filed Jan 4, 2018
Insider Transaction Report
Form 4
Tucker Aaron
Director
Transactions
- Award
Restricted Stock
2018-01-02$19.75/sh+750$14,813→ 3,630 total - Award
Stock Options
2018-01-02$19.75/sh+3,200$63,200→ 9,100 totalExercise: $19.75From: 2019-01-02Exp: 2028-01-02→ Common Stock (3,200 underlying)
Holdings
- 30,244
Common Stock
Footnotes (6)
- [F1]750 restricted shares were granted on 1/2/18 from the 2013 Stock Bonus Plan and vest over four years; vesting commences with 187 shares on 1/2/19; 188 shares on 1/2/20; 187 shares on 1/2/21; and 188 shares on 1/2/22.
- [F2]Stock price at the close of business on 12/29/17.
- [F3]3,630 restricted stock shares are currently held in an account at Computershare, which have upcoming vesting dates.
- [F4]27,500 shares are held in a brokerage account; and 2,744 shares are held in an account at Computershare in Mr. Tucker's name.
- [F5]3,200 stock options were granted on 1/2/18, which vest 1/3 per year; i.e., 1,067 on 1/2/19; 1,066 on 1/2/20; and 1,067 on 1/2/21.
- [F6]9,100 stock options were granted under various dates and vesting periods of which 1,967 are currently exercisable.