SEC Form 4 · accession 0000920427-19-000047
UNITY BANCORP INC /NJ/ · UNTY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David D Dallas
Director · 10% Owner · Other
Period of report
Jan 8, 2019
Accepted (ET)
Jan 10, 2019 · 12:15 pm 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 StockF2 | Jan 8, 2019 | M | 1,467 | $10.97 | A | 18,780 | D | |
| Common StockF2 | Jan 8, 2019 | M | 533 | $15.70 | A | 18,780 | D | |
| Restricted StockF1 | holding | — | — | — | 3,217 | D | ||
| Common StockF3 | holding | — | — | — | 1,709,074 | 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 OptionF4,F5 | $10.97 | Jan 8, 2019 | M | 1,467 | D | Jan 5, 2017 | Jan 5, 2026 | Common Stock | 1,467 | 6,733 | D |
| Stock OptionF4,F5 | $15.70 | Jan 8, 2019 | M | 533 | D | Jan 3, 2018 | Jan 3, 2027 | Common Stock | 533 | 6,733 | D |
Explanation of responses
- F12,715 shares are held in an account at Computershare which have upcoming vesting dates. 502 shares are dividend reinvested shares for a total of 3,217.
- F218,780 shares are held in Mr. Dallas' name in an account at Shareworks.
- F3173,764 shares are held in an account at Computershare; 1,535,310 shares are held in a brokerage account.
- F4Mr. Dallas exercised 1,467 stock options @ $10.97 per share, and 533 stock options @ $15.70 per share.
- F5A total of 6,733 stock options were granted under various dates and vesting periods of which 1,067 are currently exercisable.
Remarks
Total Beneficial Ownership: 1,732,138 Mr. Dallas receives additional shares on a quarterly basis through his dividend reinvestment plan.