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4//SEC Filing

KENWELL RAYMOND C 4

Accession 0001275305-11-000005

CIK 0000920427other

Filed

Nov 20, 7:00 PM ET

Accepted

Nov 21, 2:46 PM ET

Size

7.3 KB

Accession

0001275305-11-000005

Insider Transaction Report

Form 4
Period: 2011-11-17
KENWELL RAYMOND C
EVP and Chief Lending Officer
Transactions
  • Award

    Common Stock

    2011-11-17$6.40/sh+1,000$6,4004,000 total
  • Award

    Stock Option

    2011-11-17$6.40/sh+5,000$32,00020,000 total
    Exercise: $6.40From: 2012-11-17Exp: 2021-11-17Common Stock (5,000 underlying)
Footnotes (4)
  • [F1](1) 1,000 Restricted Shares were granted effective 11/17/2011 and issued from the 2011 Stock Bonus Plan; vesting commences with 250 shares on 11/17/2012; 250 shares on 11/17/2013; 250 shares on 11/17/2014 and 250 shares on 11/17/2015
  • [F2](2) Total Restricted Stock
  • [F3](3) 5,000 non-qualified stock options were granted on 11/17/2011 from the 2011 Stock Option Plan; vesting over a three year period and on each of the frist three anniversary dates, one-third of the option shall vest; i.e. 1.666.67 on 11/17/2012, 1,666.67 on 11/17/2013 and 1666.66 on 11/17/2014.
  • [F4](4) All 20,000 are not exercisable.

Issuer

UNITY BANCORP INC /NJ/

CIK 0000920427

Entity typeother

Related Parties

1
  • filerCIK 0001209447

Filing Metadata

Form type
4
Filed
Nov 20, 7:00 PM ET
Accepted
Nov 21, 2:46 PM ET
Size
7.3 KB