0001562180-22-002683.txt : 20220316
0001562180-22-002683.hdr.sgml : 20220316
20220316173008
ACCESSION NUMBER: 0001562180-22-002683
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220314
FILED AS OF DATE: 20220316
DATE AS OF CHANGE: 20220316
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: 22745896
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
2022-03-14
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
2022-03-14
4
F
false
1003.00
27.80
D
29574.00
D
Restricted Stock
2022-03-16
4
F
false
607.00
28.18
D
28074.00
D
Restricted Stock
2022-03-16
4
A
false
18000.00
0.00
A
46074.00
D
Common Stock
118542.00
D
Stock Options (Right to buy)
Common Stock
122000.00
D
1,003 shares were withheld @ $27.80 per share to cover tax liability on 2,500 restricted shares vested.
607 shares were withheld @ $28.18 per share to cover tax liability on 1,500 restricted shares vested.
18,000 restricted shares were granted on 3/16/2022 from the 2019 Equity Compensation Plan and vest over four years; vesting commences with 4,500 shares on 3/16/2023, 4,500 shares on 3/16/2024, 4,500 shares on 3/16/2025, and 4,500 shares on 3/16/2026.
45,250 shares are held in an account at Computershare, which have upcoming vesting dates, 824 are dividend reinvested shares for a total of 46,074.
90,748 shares are held in an account at Shareworks, 6,085 are held in an account at Computershare, 12,327 shares are held in additional brokerage accounts, and 9,382 are held in a 401(K) for a total of 118,542.
122,000 stock options were granted under various dates and vesting periods of which 92,000 are currently exercisable.
Total Beneficial Ownership: 256,616
James A. Hughes, POA Laurie Cook, Chief Accounting Officer/SVP
2022-03-16