SEC Form 4 · accession 0000920427-18-000095
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
Aug 3, 2018
Accepted (ET)
Aug 6, 2018 · 2:25 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 | — | — | — | 9,947 | D | ||
| Restricted StockF2 | holding | — | — | — | 3,190 | 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 | Aug 3, 2018 | M | 4,400 | D | Dec 18, 2009 | Dec 18, 2018 | Common Stock | 4,400 | 9,100 | D |
Explanation of responses
- F19,870 shares are held in an account at Computershare; and 77 shares are held in a broker account in Mr. Souders name.
- F23,190 shares are held in an account at Computershare, which have upcoming vesting dates.
- F3Mr. Souders exercised 4,400 stock options at $3.46 per share, and sold at $23.67 per share.
- F49,100 stock options were granted to Mr. Souders of which 3,433 are currently exercisable.
Remarks
Total Beneficial Ownership: 16,570