0000920427-19-000094.txt : 20190312
0000920427-19-000094.hdr.sgml : 20190312
20190312163303
ACCESSION NUMBER: 0000920427-19-000094
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190312
FILED AS OF DATE: 20190312
DATE AS OF CHANGE: 20190312
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: HUGHES JAMES A
CENTRAL INDEX KEY: 0001238304
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-12431
FILM NUMBER: 19675506
MAIL ADDRESS:
STREET 1: C/O UNITYBANK CORP
STREET 2: 64 OLD HWY 22
CITY: CLINTON
STATE: NJ
ZIP: 08809
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: UNITY BANCORP INC /NJ/
CENTRAL INDEX KEY: 0000920427
STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022]
IRS NUMBER: 223282551
STATE OF INCORPORATION: NJ
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 64 OLD HIGHWAY 22
CITY: CLINTON
STATE: NJ
ZIP: 08809
BUSINESS PHONE: 9087307630
MAIL ADDRESS:
STREET 1: 64 OLD HIGHWAY 22
CITY: CLINTON
STATE: NJ
ZIP: 08809
FORMER COMPANY:
FORMER CONFORMED NAME: UNITY BANCORP INC /DE/
DATE OF NAME CHANGE: 19940316
4
1
wf-form4_155242276891971.xml
FORM 4
X0306
4
2019-03-12
0
0000920427
UNITY BANCORP INC /NJ/
UNTY
0001238304
HUGHES JAMES A
UNITY BANK
64 OLD HWY 22
CLINTON
NJ
08809
1
1
0
0
President/CEO
Restricted Stock
2019-03-12
4
A
0
10000
20.61
A
22092
D
Common Stock
103697
D
Stock Options
20.61
2019-03-12
4
A
0
25000
20.61
A
2020-03-12
2029-03-12
Common Stock
25000.0
82000
D
10,000 restricted shares were granted on 3/12/2019 from the 2013 Stock Bonus Plan and vest over four years; vesting commences with 2,500 shares on 3/12/2020, 2,500 shares on 3/12/2021, 2,500 shares on 3/12/2022, and 2,500 shares on 3/12/2023.
21,375 shares are held in an account at Computershare, which have upcoming vesting dates. 717 shares are dividend reinvested shares for a total of 22,092.
103,697 shares consisting of 75,775 shares held in an account at Shareworks, 6,063 shares held in an account at Computershare, 12,427 shares held in a brokerage account, and 9,432 shares are held in a 401K plan.
25,000 stock options were granted on 3/12/2019 from the 2017 Stock Option Plan and vest over three years; vesting commences with 8,334 shares on 3/12/2020, 8,333 shares on 3/12/2021, and 8,333 shares on 3/12/2022.
82,000 stock options were granted under various dates and vesting periods of which 36,334 are currently exercisable.
Total Beneficial Ownership: 161,406
Mr. Hughes receives additional shares on a quarterly basis through his dividend reinvestment plan.
James A. Hughes, POA Laurie Cook, Controller/SVP
2019-03-12