0001275305-16-000003.txt : 20160225
0001275305-16-000003.hdr.sgml : 20160225
20160225163038
ACCESSION NUMBER: 0001275305-16-000003
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160225
FILED AS OF DATE: 20160225
DATE AS OF CHANGE: 20160225
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
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: 161456352
MAIL ADDRESS:
STREET 1: C/O UNITYBANK CORP
STREET 2: 64 OLD HWY 22
CITY: CLINTON
STATE: NJ
ZIP: 08809
4
1
primary_doc.xml
PRIMARY DOCUMENT
X0306
4
2016-02-25
0
0000920427
UNITY BANCORP INC /NJ/
unty
0001238304
HUGHES JAMES A
C/O UNITYBANK CORP
64 OLD HWY 22
CLINTON
NJ
08809
1
1
0
0
President/CEO
Restricted Stock
2016-02-25
4
A
0
5000
9.84
A
93374
D
Stock Options
9.84
2016-02-25
4
A
0
10000
9.84
A
2017-02-25
2026-02-25
Common Stock
10000
48218
D
5,000 restricted shares were granted effective 2/25/16 and issued from the 2013 Stock Bonus Plan; vesting commences with 1,250 shares on 2/25/17; 1,250 shares on 2/25/18; 1,250 shares on 2/25/19; and 1,250 shares on 2/25/20.
Stock price at the close of business on 2/24/16.
93,374 shares consist of 22,200 shares of restricted stock; 6,906 shares in 401K plan; 15,842 shares in brokerage account; 48,426 held in an account at Computershare.
10,000 non-qualified stock options were granted on 2/25/16 from the 2013 Stock Option Plan; vesting over a three-year period one-third shall vest; i.e., 3,333 on 2/25/17; 3,333 on 2/25/18; and 3,334 on 2/25/19.
48,218 options are outstanding; 24,884 are exercisable and 23,334 an unexercisable. The price varies from $7.48 to $12.62.
James A. Hughes, poa Linda B. McDermott
2016-02-25