Maricondo Peter E 4
4 · UNITY BANCORP INC /NJ/ · Filed Jan 4, 2018
Insider Transaction Report
Form 4
Maricondo Peter E
Director
Transactions
- Award
Restricted Stock
2018-01-02$19.75/sh+900$17,775→ 3,930 total - Award
Stock Options
2018-01-02$19.75/sh+3,200$63,200→ 18,000 totalExercise: $19.75From: 2019-01-02Exp: 2028-01-02→ Common Stock (3,200 underlying)
Holdings
- 23,243
Common Stock
Footnotes (6)
- [F1]900 restricted shares were granted on 1/2/18 from the 2013 Stock Bonus Plan and vest over four years; vesting commences with 225 shares on 1/2/19; 225 shares on 1/2/20; 225 shares on 1/2/21; and 225 shares on 1/2/22.
- [F2]Stock price at the close of business on 12/29/17.
- [F3]3,930 restricted stock shares are currently held in an account at Computershare, which have upcoming vesting dates.
- [F4]21,113 shares are held in an account at Computershare; and 2,130 shares are held in a broker account in Mr. Maricondo'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]18,000 stock options were granted under various dates and vesting periods of which 10,801 are currently exercisable.