SEC Form 4 · accession 0001449046-16-000001
UNITY BANCORP INC /NJ/ · UNTY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Raj Patel
Director
Period of report
Nov 10, 2016
Accepted (ET)
Nov 14, 2016 · 9:47 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 |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 10, 2016 | M | 4,620 | $6.46 | A | 20,703 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF2,F1 | $6.46 | Nov 10, 2016 | M | 4,620 | D | Dec 20, 2008 | Dec 20, 2017 | Common Stock | 4,620 | 13,200 | D |
Explanation of responses
- F1Stock Options vest over three (3) years; options were granted 12/20/07; one-third was exercisable on each of the following dates; 12/20/08; 12/20/09; 12/20/10 and expire on 12/20/17.
- F2A total of 13,200 stock options have been granted of which 8,800 are currently exercisable.