UNITY BANCORP INC /NJ/ 4

4 · UNITY BANCORP INC /NJ/ · Filed Jan 5, 2017

Form 4

Period: 2017-01-03

DirectorOther

Transactions

Award
Common Restricted
2017-01-03$15.70/sh+1,400$21,980→ 6,190 total
Award
Stock Options
2017-01-03$15.70/sh+1,600$25,120→ 10,266 total
Exercise: $15.70From: 2018-01-03Exp: 2027-01-03→ Common Stock (1,600 underlying)

Holdings

Footnotes (7)

[F1]1,400 restricted shares were granted on 1/3/17 from the 2013 Stock Bonus Plan and vest over four years; vesting commences with 350 on 1/3/18; 350 on 1/3/19; 350 on 1/3/20; and 350 on 1/3/21.
[F2]Stock price at the close of business on 12/30/16.
[F3]5,800 restricted stock shares are currently held in an account at Computershare, which have upcoming vesting dates; 390 shares are dividend reinvested shares for a total of 6,190.
[F4]72,758 shares are held in Mr. Tucker's name in an account held at Computershare; 240,888 shares are held in a brokerage account; 29,733 shares are held in a Trust account at Computershare for a total of 343,379.
[F5]12,403 shares are held in an account in Charlotte Tucker's name; 3029 are held in a trust account; and 48,065 are held in a brokerage account for a total of 63,497.
[F6]14,800 stock options were granted under various dates and vesting periods of which 10,266 are currently exercisable.
[F7]1,600 stock options were granted on 1/3/17, which vest 1/3 per year; i.e., 534 on 1/3/18; 533 on 1/3/19; and 533 on 1/3/20.

Documents

1 file