SEC Form 4 · accession 0000920427-17-000049
UNITY BANCORP INC /NJ/ · UNTY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Raj Patel
Director
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 | 8,800 | $3.46 | A | 27,249 | D | |
| Common RestrictedF2 | holding | — | — | — | 4,500 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF4,F3 | $3.46 | Jun 7, 2017 | M | 8,800 | D | Dec 18, 2009 | Dec 18, 2018 | Common Stock | 8,800 | 5,900 | D |
Explanation of responses
- F127,249 shares are held in a brokerage account in the name of Mr. Patel.
- F24,500 restricted stock shares are held in an account at Computershare, which have future vesting dates.
- F38,800 stock options were granted on 12/18/08, which vested one-third per year commencing 12/18/09; 12/18/10 and 12/18/11 at $3.46 per share that expire on 12/18/18.
- F45,900 stock options were granted of which 1,467 are currently exercisable.