Patel Raj 4
4 · UNITY BANCORP INC /NJ/ · Filed Jan 6, 2021
Insider Transaction Report
Form 4
Patel Raj
Director
Transactions
- Award
Restricted Stock
2021-01-04+1,000→ 1,563 total - Award
Stock Options (Right to buy)
2021-01-04+4,000→ 22,700 totalExercise: $17.55Exp: 2031-01-04→ Common Stock (4,000 underlying)
Holdings
- 34,225
Common Stock
Footnotes (6)
- [F1]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.
- [F2]1,563 restricted shares are held in an account at Computershare, which have upcoming vesting dates.
- [F3]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.
- [F4]4,000 stock options were granted on 1/4/2021 from the 2019 Equity Compensation Plan.
- [F5]33+% per year for 3 years beginning on 1/4/2021.
- [F6]22,700 stock options were granted under various dates and vesting periods of which 13,300 are currently exercisable.