SEC Form 4 · accession 0000920427-17-000089
UNITY BANCORP INC /NJ/ · UNTY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mary E. Gross
Director
Period of report
Oct 27, 2017
Accepted (ET)
Oct 27, 2017 · 2:08 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 | — | — | — | 8,776 | D | ||
| Restricted StockF2 | 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 OptionsF3,F5,F4 | $10.97 | Oct 27, 2017 | M | 1,467 | D | Jan 5, 2017 | Jan 5, 2026 | Common Stock | 1,467 | 4,533 | D |
Explanation of responses
- F17,687 shares are held in account at Computershare; an additional 1,089 shares are held in a street account.
- F24,700 shares are held in an account at Computershare, which have upcoming vesting dates.
- F3Mrs. Gross exercised 1,467 stock options at $10.97 per share; all of which were sold at $19.60 per share.
- F44,400 stock options were granted on 1/5/2016, which vest one-third per year commencing 1/5/2017, 1/5/2018, and 1/5/2019 at $10.97 per share that expire on 1/5/2026.
- F54,533 stock options were granted to Mrs. Gross of which none are currently exercisable.
Remarks
Total Beneficial Ownership: 13,476