SEC Form 4 · accession 0000920427-18-000149
UNITY BANCORP INC /NJ/ · UNTY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Donald E. Souders Jr.
Director
Period of report
Dec 21, 2018
Accepted (ET)
Dec 26, 2018 · 11:06 am 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 | — | — | — | 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 | $18.25 | Dec 21, 2018 | A | 3,000 | A | Dec 21, 2019 | Dec 21, 2028 | Common Stock | 3,000 | 12,100 | D |
Explanation of responses
- F19,870 shares are held in an account at Shareworks; 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.
- F33,000 stock options were granted on 12/21/18 at $18.25 per share, which vest 1/3 per year; i.e., 1,000 on 12/21/19; 1,000 on 12/21/20; and 1,000 on 12/21/21.
- F412,100 stock options were granted under various dates and vesting periods of which 3,433 are currently exercisable.
Remarks
Total Beneficial Ownership: 16,570