0001562180-21-000229.txt : 20210106
0001562180-21-000229.hdr.sgml : 20210106
20210106175508
ACCESSION NUMBER: 0001562180-21-000229
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: Patel Raj
CENTRAL INDEX KEY: 0001449046
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-12431
FILM NUMBER: 21512016
MAIL ADDRESS:
STREET 1: C/O UNITY BANCORP, INC.
STREET 2: 64 OLD HIGHWAY 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
2021-01-04
false
0000920427
UNITY BANCORP INC /NJ/
UNTY
0001449046
Patel Raj
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
1563.00
D
Common Stock
34225.00
D
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
22700.00
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.
1,563 restricted shares are held in an account at Computershare, which have upcoming vesting dates.
1,790 shares are held in an account at Shareworks. 32,435 shares are held in a brokerage account of which dividends are reinvested quarterly.
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.
22,700 stock options were granted under various dates and vesting periods of which 13,300 are currently exercisable.
Total Beneficial Ownership: 49,088
Raj Patel, poa Laurie Cook, Controller/SVP
2021-01-05