DALLAS DAVID D 4
4 · UNITY BANCORP INC /NJ/ · Filed Jan 6, 2021
Insider Transaction Report
Form 4
DALLAS DAVID D
Director10% OwnerOther
Transactions
- Award
Restricted Stock
[F1][F2]2021-01-04+1,200→ 2,473 total - Award
Stock Options (Right to buy)
[F5][F6][F7]2021-01-04+4,000→ 17,333 totalExercise: $17.55Exp: 2031-01-04→ Common Stock (4,000 underlying)
Holdings
- 21,481
Common Stock
[F3] - 1,740,884(indirect: By LLC)
Common Stock
[F4]
Footnotes (7)
- [F1]1,200 restricted shares were granted on 1/4/2021 from the 2019 Equity Compensation Plan and vest over four years; vesting commences with 300 shares on 1/4/2022, 300 shares on 1/4/2023, 300 shares on 1/4/2024, and 300 shares on 1/4/2025.
- [F2]1,875 shares are held in an account at Computershare, which have upcoming vesting dates. 598 shares are dividend reinvested shares for a total of 2,473.
- [F3]21,481 shares are held in an account at Shareworks of which dividends are reinvested quarterly.
- [F4]180,574 shares are held in an account at Computershare of which dividends are reinvested quarterly. 1,560,310 shares are held in a brokerage account.
- [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]17,333 stock options were granted under various dates and vesting periods of which 7,933 are currently exercisable.
Signature
David D. Dallas, poa Laurie Cook, Controller/SVP|2021-01-05