SEC Form 4 · accession 0000920427-18-000151
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
Robert H Dallas II
Director · 10% Owner
Period of report
Dec 21, 2018
Accepted (ET)
Dec 26, 2018 · 11:07 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 |
|---|---|---|---|---|---|---|---|---|
| Restricted StockF1 | holding | — | — | — | 3,673 | D | ||
| Common StockF2 | holding | — | — | — | 14,983 | D | ||
| Common StockF3 | holding | — | — | — | 1,708,445 | I | Dallas Financial Holdings, LLC |
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 | $18.25 | Dec 21, 2018 | A | 3,000 | A | Dec 21, 2019 | Dec 21, 2028 | Common Stock | 3,000 | 8,667 | D |
Explanation of responses
- F13,190 shares are held in an account at Computershare, which have upcoming vesting dates. 483 shares are dividend reinvested shares for a total of 3,673.
- F214,983 shares are held in Mr. Dallas' name in an account at Shareworks.
- F3173,135 shares are held in an account at Computershare; 1,535,310 shares are held in a brokerage account.
- F43,000 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.
- F5A total of 8,667 stock options were granted under various dates and vesting periods of which none are currently exercisable.
Remarks
Total Beneficial Ownership: 1,727,101 Mr. Dallas receives additional shares on a quarterly basis through his dividend reinvestment plan.