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4//SEC Filing

KENWELL RAYMOND C 4

Accession 0001502277-11-000005

CIK 0000920427other

Filed

May 30, 8:00 PM ET

Accepted

May 31, 1:03 PM ET

Size

7.4 KB

Accession

0001502277-11-000005

Insider Transaction Report

Form 4
Period: 2011-05-26
KENWELL RAYMOND C
EVP and Chief Lending Officer
Transactions
  • Award

    Common Stock

    2011-05-26$6.66/sh+3,000$19,9803,000 total
  • Award

    Stock Option

    2011-05-26$6.66/sh+15,000$99,90015,000 total
    Exercise: $6.66From: 2012-05-26Exp: 2021-05-26Common Stock (15,000 underlying)
Footnotes (2)
  • [F1]3,000 Restricted Shares were granted effective 5/26/2011 and issued from the 2011 Stock Bonus Plan; vesting commences with 750 shares on 5/26/2012; 750 shares on 5/26/2013; 750 shares on 5/26/2014; and 750 shares on 5/26/2015.
  • [F2]15,000 non-qualified stock options were granted on 5/26/2011 fom the 2011 Stock Option Plan; vesting over a three-year period and on each of the first three anniversary dates, one-third of the option shall vest; i.e., 5,000 on 5/26/2012; 5,000 on 5/26/2013; and 5,000 on 5/26/2014.

Issuer

UNITY BANCORP INC /NJ/

CIK 0000920427

Entity typeother

Related Parties

1
  • filerCIK 0001209447

Filing Metadata

Form type
4
Filed
May 30, 8:00 PM ET
Accepted
May 31, 1:03 PM ET
Size
7.4 KB