0000920427-17-000097.txt : 20171120
0000920427-17-000097.hdr.sgml : 20171120
20171120151220
ACCESSION NUMBER: 0000920427-17-000097
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20171117
FILED AS OF DATE: 20171120
DATE AS OF CHANGE: 20171120
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: 171213595
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_151120872672352.xml
FORM 4
X0306
4
2017-11-17
0
0000920427
UNITY BANCORP INC /NJ/
UNTY
0001238304
HUGHES JAMES A
UNTIY BANK
64 OLD HWY 22
CLINTON
NJ
08809
1
1
0
0
President/CEO
Common Stock
2017-11-17
4
M
0
3111
7
A
105355
D
Common Stock
2017-11-17
4
M
0
1363
6.80
A
105355
D
Restricted Stock
13995
D
Stock Options
7.0
2017-11-17
4
M
0
8085
7
D
2009-02-28
2018-02-28
Common Stock
8085.0
33000
D
Stock Options
6.8
2017-11-17
4
M
0
3465
6.80
D
2009-04-02
2018-04-02
Common Stock
3465.0
33000
D
Mr. Hughes exercised 4,785 stock options at $7.00 through a "net out" with the Company based on the stock price of $20.00 resulting in the issuance of 3,111 shares.
105,355 shares consisting of 79,456 shares held in an account at Computershare, 17,427 shares held in a brokerage account, and 8,472 shares in a 401K plan.
Mr. Hughes exercised 2,065 stock options at $6.80 through a "net out" with the Company based on the stock price of $20.00 resulting in the issuance of 1,363 shares.
Mr. Hughes exercised 8,085 stock options at $7.00 per share. 3,300 shares were sold at $19.89 per share.
8,085 stock options were granted on 2/29/2008, which vested one-third per year commencing 2/28/2009; 2/28/2010; and 2/28/2011 at $7.00 per share that expire on 2/28/2018.
33,000 stock options were granted to Mr. Hughes of which 22,000 are currently exercisable.
Mr. Hughes exercised 3,465 stock options at $6.80 per share. 1,400 were sold at $19.89 per share.
3,465 stock options were granted on 4/2/2008, which vested one-third per year commencing 4/2/2009; 4/2/2010; and 4/2/2011 at $6.80 per share that expire on 4/2/2018.
Total Beneficial Ownership: 141,350
James A. Hughes, POA Alan Bedner, CFO
2017-11-20