SEC Form 4 · accession 0000920427-18-000079
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
May 22, 2018
Accepted (ET)
May 24, 2018 · 10:50 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 | holding | — | — | — | 50,859 | D | ||
| Restricted StockF2 | holding | — | — | — | 9,400 | 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 | $3.62 | May 22, 2018 | M | 1,523 | D | Dec 10, 2010 | Dec 10, 2019 | Common Stock | 1,523 | 89,800 | D |
| Stock OptionsF6,F4 | $3.62 | May 23, 2018 | M | 3,477 | D | Dec 10, 2010 | Dec 10, 2019 | Common Stock | 3,477 | 89,800 | D |
Explanation of responses
- F150,859 shares are held in Mr. Kauchak's acct. at Computershare.
- F29,400 shares are held in an acct. at Computershare, which have upcoming vesting dates.
- F3Mr. Kauchak exercised 1,523 stock options at $3.62 per share, and sold at $23.01 per share.
- F48,800 stock options were granted on 12/10/2009, which vested one-third per year commencing 12/10/2010; 12/10/2011 and 12/10/2012 and expire on 12/10/2019.
- F589,800 stock options were granted of which 69,467 are currently exercisable.
- F6Mr. Kauchak exercised 3,477 stock options at $3.62 per share, and sold at $22.80 per share.
Remarks
Total Amount of Beneficial Securities Owned: 129,726