SEC Form 4 · accession 0000920427-18-000032
UNITY BANCORP INC /NJ/ · UNTY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John J Kauchak
Officer — EVP/COO
Period of report
Jan 30, 2018
Accepted (ET)
Feb 1, 2018 · 2:18 pm EST
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 | — | — | — | 47,959 | D | ||
| Restricted StockF2 | holding | — | — | — | 8,300 | 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 | $7.00 | Jan 30, 2018 | M | 8,085 | D | Feb 28, 2009 | Feb 28, 2018 | Common Stock | 8,085 | 84,800 | D |
Explanation of responses
- F147,959 shares are held in Mr. Kauchak's acct. at Computershare.
- F28,300 shares are held in an acct. at Computershare, which have upcoming vesting dates.
- F3Mr. Kauchak exercised 8,085 stock options at $7.00 per share, and sold at $20.16 per share.
- F48,085 stock options were granted on 2/28/08, which vested one-third per year commencing 2/28/09; 2/28/10 and 2/28/11 and expire on 2/28/18.
- F584,800 stock options were granted of which 63,800 are currently exercisable.
Remarks
Total Amount of Beneficial Securities Owned: 120,059.