SEC Form 4 · accession 0001248813-16-000001
UNITY BANCORP INC /NJ/ · UNTY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark S Brody
Director
Period of report
Nov 14, 2016
Accepted (ET)
Nov 14, 2016 · 3:56 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 StockF1 | Nov 14, 2016 | M | 355 | $11.48 | A | 80,522 | D | |
| Common Stock | holding | — | — | — | 40,102 | I | Financial Planning Analysts | |
| Common Stock | holding | — | — | — | 247,501 | I | Financial Planning Analysts Dispostive Shares |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF3,F2 | $11.48 | Nov 14, 2016 | M | 3,032 | D | Jan 25, 2008 | Jan 25, 2017 | Common Stock | 355 | 20,852 | D |
Explanation of responses
- F148,400 shares are held jointly with spouse.
- F23,032 stock options were granted on 1/25/2007, which were exercisable one-third commencing 1/25/2008; 1/25/2009 and 1/25/2010 and will expire on 1/25/2017. A "net-out" of the 3,032 stock options resulted in the issuance of 355 shares and the cancellation of 2,677 stock options.
- F320,852 stock options have been granted of which 16,452 are currently exercisable.