BRODY MARK S 4

4 · UNITY BANCORP INC /NJ/ · Filed Jan 6, 2021

Form 4

Period: 2021-01-04

Director

Transactions

Award
Stock Options (Right to buy)
2021-01-04+4,000→ 22,800 total
Exercise: $17.55Exp: 2031-01-04→ Common Stock (4,000 underlying)
Award
Restricted Stock
2021-01-04+1,000→ 1,675 total

Holdings

Footnotes (7)

[F1]1,000 restricted shares were granted on 1/4/2021 from the 2019 Equity Compensation Plan and vest over four years; vesting commences with 250 shares on 1/4/2022, 250 shares on 1/4/2023, 250 shares on 1/4/2024, and 250 shares on 1/4/2025.
[F2]1,675 restricted shares are held in an account at Computershare, which have upcoming vesting dates.
[F3]A total of 82,459 shares are beneficially owned by Dr. Brody; 48,400 are held jointly with his spouse, 13,000 are held in street name, 20,939 are held in an account at Shareworks, and 120 are held in an account at Computershare.
[F4]Shares held in a master account of Financial Planning Analysts over which Dr. Brody has no voting authority, but has dispositive power.
[F5]4,000 stock options were granted on 1/4/2021 from the 2019 Equity Compensation Plan.
[F6]33+% per year for 3 years beginning on 1/4/2021.
[F7]22,800 stock options were granted under various dates and vesting periods of which 13,400 are currently exercisable.

Documents

1 file