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