SEC Form 4 · accession 0000920427-17-000069
UNITY BANCORP INC /NJ/ · UNTY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter E Maricondo
Director
Period of report
Aug 30, 2017
Accepted (ET)
Aug 31, 2017 · 8:50 am 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,F2 | Aug 30, 2017 | M | 2,915 | $6.46 | A | 21,573 | D | |
| Restricted StockF3 | holding | — | — | — | 4,700 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF4,F5 | $6.46 | Aug 30, 2017 | M | 4,620 | D | Dec 20, 2008 | Dec 20, 2017 | Common Stock | 4,620 | 14,800 | D |
Explanation of responses
- F1Mr. Maricondo exercised 4,620 stock options at $6.46 through a "net out" with the Company based on the stock price of $17.50 resulting in the issuance of 2,915 shares.
- F219,443 shares are held in an account at Computershare; and 2,130 shares are held in a broker account in Mr. Maricondo's name.
- F34,700 shares are held in an account at Computershare, which have upcoming vesting dates.
- F44,620 stock options were granted on 12/20/2007, which vest 1/3 each year commencing 12/20/2008, 12/20/2009, and 12/20/2010 and expire on 12/20/2017.
- F514,800 stock options were granted to Mr. Maricondo of which 10,267 are currently exercisable.
Remarks
Total Amount of Beneficial Securities Owned: 26,273