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