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