SEC Form 4 · accession 0000920427-18-000105
UNITY BANCORP INC /NJ/ · UNTY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Wayne Courtright
Director
Period of report
Aug 28, 2018
Accepted (ET)
Aug 29, 2018 · 2:30 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,F2 | Aug 28, 2018 | M | 8,800 | $3.46 | A | 107,396 | D | |
| Restricted StockF3 | holding | — | — | — | 3,490 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF4,F5 | $3.46 | Aug 28, 2018 | M | 8,800 | D | Dec 18, 2009 | Dec 18, 2018 | Common Stock | 8,800 | 9,200 | D |
Explanation of responses
- F1Mr. Courtright exercised 8,800 stock options at $3.46 per share.
- F228,795 shares are held in an account at Computershare; and 78,601 shares are held in additional brokerage accounts.
- F33,490 shares are held in an account at Computershare, which have upcoming vesting dates.
- F48,800 stock options were granted on 12/18/2008, which vest 1/3 each year commencing 12/18/2009, 12/18/2010, and 12/18/2011 and expire on 12/18/2018.
- F59,200 stock options were granted to Mr. Courtright of which 3,467 are currently exercisable.
Remarks
Total Amount of Beneficial Securities Owned: 114,353