SEC Form 4 · accession 0001295880-16-000001
UNITY BANCORP INC /NJ/ · UNTY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Wayne Courtright
Director
Period of report
Dec 12, 2016
Accepted (ET)
Dec 14, 2016 · 10:17 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000920427
Table I — non-derivative securities
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 | Dec 12, 2016 | M | 3,032 | D | Jan 25, 2008 | Jan 25, 2017 | Common Stock | 3,032 | 17,820 | D |
Explanation of responses
- F1Mr. Courtright has 82,088 shares held in brokerage accounts; 12,165 shares are held in an account at Computershare; and 4,400 shares are restricted stock with various vesting periods.
- F23,032 stock options were awarded on 1/25/07 at $11.48, which vested one-third per year commencing 1/25/08; 1/25/09 and 1/25/10 and expire on 1/25/17.
- F3Mr. Courtright was awarded 17,820 stock options of which 13,420 are currently exercisable.
- F4A 10% stock dividend was payable on September 30, 2016, which increased the total amount of common stock owned by Mr. Courtright.