UNITY BANCORP INC /NJ/ 4
4 · UNITY BANCORP INC /NJ/ · Filed Jan 6, 2016
Insider Transaction Report
Form 4
Tucker Aaron
Director
Transactions
- Award
Common Restricted
2016-01-05$12.06/sh+1,600$19,296→ 29,000 total - Award
Stock Options
2016-01-05$12.06/sh+4,000$48,240→ 0 totalExercise: $12.06From: 2017-01-05Exp: 2026-01-05→ Common Stock (4,000 underlying)
Footnotes (5)
- [F1]1,600 shares of restricted stock were granted on 1/5/16 from the 2013 Stock Bonus Plan and vest over four years; vesting commences with 400 shares on 1/5/17; 400 shares on 1/5/18; 400 shares on 1/5/19; and 400 shares on 1/5/20.
- [F2]Stock price at the close of business on 1/4/16.
- [F3]4,000 of total beneficially owned shares are Restricted Stock subject to four-year vesting periods determined by the individual grant dates; 25,000 shares are owned by Mr. Tucker in street name.
- [F4]4,000 stock options were granted on 1/5/16, which vest 1/3 each year; i.e., 1,333 on 1/5/17; 1,333 on 1/5/18; and 1,334 on 1/5/19.
- [F5]Total exercisable options as of 1/5/16.