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