SEC Form 4/A · accession 0001590464-16-000003
UNITY BANCORP INC /NJ/ · UNTY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Janice Bolomey
Officer — EVP/CAO
Period of report
Dec 8, 2016
Accepted (ET)
Dec 8, 2016 · 1:36 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,F2 | Dec 8, 2016 | M | 169 | $11.48 | A | 19,139 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF4,F3,F1 | $11.48 | Dec 8, 2016 | M | 607 | D | Jan 25, 2008 | Jan 25, 2017 | Common Stock | 169 | 77,578 | D |
Explanation of responses
- F1Ms. Bolomey exercised 607 stock options at $11.48 through a "net-out" with the Company based on the stock price of $15.90, resulting in the issuance of 169 shares of common stock.
- F2There was a 10% stock dividend payable on September 30, 2016, for which Ms. Bolomey received additional shares.
- F3607 stock options were granted on 1/25/07, which vest 1/3 each year commencing 1/25/08; 1/25/09 and 1/25/10 and expires on 1/25/17. Ms. Bolomey received 169 shares of common stock through a "net-out" with the Company on 12/8/16.
- F477,578 stock options were granted to Ms. Bolomey of which 55,578 are currently exercisable.