SEC Form 4 · accession 0000920427-18-000071
UNITY BANCORP INC /NJ/ · UNTY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donald E. Souders Jr.
Director
Period of report
May 4, 2018
Accepted (ET)
May 7, 2018 · 2:59 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 |
|---|---|---|---|---|---|---|---|---|
| Restricted StockF1 | holding | — | — | — | 3,190 | D | ||
| Common StockF2 | holding | — | — | — | 9,947 | 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,F4 | $3.46 | May 4, 2018 | M | 4,400 | D | Dec 18, 2009 | Dec 18, 2018 | Common Stock | 4,400 | 13,500 | D |
Explanation of responses
- F13,190 shares are held in an account at Computershare, which have upcoming vesting dates.
- F29,870 shares are held in an account at Computershare; and 77 shares are held in a broker account in Mr. Souders name.
- F3Mr. Souders exercised 4,400 stock options at $3.46 per shares, and sold at $21.47 per share.
- F413,500 stock options were granted to Mr. Souders of which 7,833 are currently exercisable.
Remarks
Total Beneficial Ownership: 20,970