0001562180-21-000223.txt : 20210106
0001562180-21-000223.hdr.sgml : 20210106
20210106175411
ACCESSION NUMBER: 0001562180-21-000223
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210104
FILED AS OF DATE: 20210106
DATE AS OF CHANGE: 20210106
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: BRODY MARK S
CENTRAL INDEX KEY: 0001248813
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-12431
FILM NUMBER: 21512007
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
2021-01-04
false
0000920427
UNITY BANCORP INC /NJ/
UNTY
0001248813
BRODY MARK S
C/O UNITY BANK
64 OLD HIGHWAY 22
CLINTON
NJ
08809
true
false
false
false
Restricted Stock
2021-01-04
4
A
false
1000.00
0.00
A
1675.00
D
Common Stock
82459.00
D
Common Stock
40102.00
I
Financial Planning Analysts
Common Stock
262289.00
I
Financial Planning Analysts Dispositive Shares
Stock Options (Right to buy)
17.55
2021-01-04
4
A
false
4000.00
0.00
A
2031-01-04
Common Stock
4000.00
22800.00
D
1,000 restricted shares were granted on 1/4/2021 from the 2019 Equity Compensation Plan and vest over four years; vesting commences with 250 shares on 1/4/2022, 250 shares on 1/4/2023, 250 shares on 1/4/2024, and 250 shares on 1/4/2025.
1,675 restricted shares are held in an account at Computershare, which have upcoming vesting dates.
A total of 82,459 shares are beneficially owned by Dr. Brody; 48,400 are held jointly with his spouse, 13,000 are held in street name, 20,939 are held in an account at Shareworks, and 120 are held in an account at Computershare.
Shares held in a master account of Financial Planning Analysts over which Dr. Brody has no voting authority, but has dispositive power.
4,000 stock options were granted on 1/4/2021 from the 2019 Equity Compensation Plan.
33+% per year for 3 years beginning on 1/4/2021.
22,800 stock options were granted under various dates and vesting periods of which 13,400 are currently exercisable.
Total Beneficial Ownership: 399,925
Dr. Mark Brody, POA Laurie Cook, Controller/SVP
2021-01-05