SEC Form 4 · accession 0001033204-17-000001
UNITY BANCORP INC /NJ/ · UNTY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert H Dallas II
Director · 10% Owner
Period of report
Jan 12, 2017
Accepted (ET)
Jan 12, 2017 · 3:45 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 StockF3 | Jan 12, 2017 | M | 3,032 | $11.48 | A | 17,713 | D | |
| Common RestrictedF3,F4 | holding | — | — | — | 4,890 | D | ||
| Common StockF5 | holding | — | — | — | 1,667,771 | 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 OptionsF2,F1 | $11.48 | Jan 12, 2017 | M | 3,032 | D | Jan 25, 2008 | Jan 25, 2017 | Common Stock | 3,032 | 14,886 | D |
Explanation of responses
- F1On 1/25/2007 Mr. Dallas was granted 3,032 stock options at $11.48 which vested one-third per year commencing 1/25/08, 1/25/09 and 1/25/10 and expire on1/25/17.
- F2A total of 19,320 stock options were granted under various dates and vesting periods of which 14,886 are currently exercisable.
- F3On 1/2/2017, 660 shares of Restricted Stock vested and on 1/5/2017, 440 shares of Restricted Stock vested, for a total of 1,100 shares, were transferred to Mr. Dallas' account at Computershare.
- F4390 shares in the RSP account are Dividend Reinvested shares.
- F5169,478 shares are held in an account at Computershare; 1,491,337 shares are held in a brokerage account, and 6,956 shares are in certificate form.