SEC Form 4 · accession 0000920427-17-000048
UNITY BANCORP INC /NJ/ · UNTY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert H Dallas II
Director · 10% Owner
Period of report
Jun 7, 2017
Accepted (ET)
Jun 8, 2017 · 4:10 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000920427
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 7, 2017 | M | 4,620 | $6.46 | A | 22,387 | D | |
| Common RestrictedF2 | holding | — | — | — | 4,905 | D | ||
| Common StockF3 | holding | — | — | — | 1,668,251 | I | Dallas Financial Holdings, LLC |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF5,F4 | $6.46 | Jun 7, 2017 | M | 4,620 | D | Dec 20, 2008 | Dec 20, 2017 | Common Stock | 4,620 | 14,700 | D |
Explanation of responses
- F122,387 shares are held in an account in Mr. Dallas' name at Computershare, of which 251 shares are dividend reinvestment shares.
- F24,500 restricted stock shares are held in an account at Computershare, which have future vesting dates. An additional 405 shares are dividend reinvestment shares, for a total of 4,905 shares
- F3169,985 shares are held in an account at Computershare, of which 7,273 shares are dividend reinvestment shares. An additional 1,491,310 shares are held in a brokerage account and 6,956 shares are in certificate form.
- F44,620 stock options were granted on 12/20/07, which vested one-third per year commencing 12/20/08; 12/20/09 and 12/20/10 at $6.46 per share that expire on 12/20/17.
- F514,700 stock options were granted of which 10,267 are currently exercisable.