SEC Form 4 · accession 0000920427-17-000081
UNITY BANCORP INC /NJ/ · UNTY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark S Brody
Director
Period of report
Sep 11, 2017
Accepted (ET)
Sep 12, 2017 · 3:44 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 | holding | — | — | — | 77,354 | D | ||
| Restricted StockF2 | holding | — | — | — | 4,700 | D | ||
| Common StockF3 | holding | — | — | — | 40,102 | I | Financial Planning Analysts | |
| Common StockF3 | holding | — | — | — | 252,520 | I | Financial Planning Analysts Dispositive Shares |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF4,F6,F5 | $6.46 | Sep 11, 2017 | M | 3,505 | D | Dec 20, 2008 | Dec 20, 2017 | Common Stock | 3,505 | 14,800 | D |
Explanation of responses
- F164,649 shares are held in accounts at Computershare, of which 48,400 are held jointly with his spouse; 12,705 shares are held in street name.
- F24,700 shares are held in an account at Computershare, which have upcoming vesting dates.
- F3Shares are held in a master account of Financial Planning Analysts over which Dr. Brody has no voting authority, but has dispositive power.
- F4Mr. Brody exercised 3,505 stock options at $6.46 per share, and sold at $17.50 per share.
- F54,620 stock options were granted on 12/20/2007, which vested one-third per year commencing 12/20/2008; 12/20/2009; and 12/20/2010 at $6.46 per share that expire on 12/20/2017.
- F614,800 stock options were granted to Mr. Brody of which 10,267 are currently exercisable.
Remarks
Total Beneficial Ownership: 374,676