0001562180-20-002603.txt : 20200318
0001562180-20-002603.hdr.sgml : 20200318
20200318121021
ACCESSION NUMBER: 0001562180-20-002603
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200316
FILED AS OF DATE: 20200318
DATE AS OF CHANGE: 20200318
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: 20723690
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
primarydocument.xml
PRIMARY DOCUMENT
X0306
4
2020-03-16
false
0000920427
UNITY BANCORP INC /NJ/
UNTY
0001238304
HUGHES JAMES A
UNITY BANK
64 OLD HWY 22
CLINTON
NJ
08809
true
true
false
false
President/CEO
Restricted Stock
2020-03-16
4
A
false
6000.00
0.00
A
27824.00
D
Common Stock
108260.00
D
Stock Option (Right to Buy)
16.27
2020-03-16
4
A
false
15000.00
0.00
A
2021-03-16
2030-03-16
Common Stock
15000.00
97000.00
D
6,000 restricted shares were granted on 3/16/2020 from the 2019 Equity Compensation Plan and vest over four years; vesting commences with 1,500 shares on 3/16/2021, 1,500 shares on 3/16/2022, 1,500 shares on 3/16/2023, and 1,500 shares on 3/16/2024.
27,000 shares are held in an account at Computershare, which have upcoming vesting dates. 824 shares are dividend reinvested shares for a total of 27,824.
108,260 shares consisting of 80,316 shares held in an account at Shareworks, 6,085 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.
15,000 stock options were granted on 3/16/2020 from the 2019 Equity Compensation Plan and vest over three years; vesting commences with 5,000 shares on 3/16/2021, 5,000 shares on 3/16/2022, and 5,000 shares on 3/16/2023.
97,000 stock options were granted under various dates and vesting periods of which 52,668 are currently exercisable.
Total Beneficial Ownership: 188,752
James A. Hughes, POA Laurie Cook, Controller
2020-03-18