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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Options | $ 21.15 | 03/09/2018 | A | 10,000 (4) | 03/09/2019 | 03/09/2028 | Common Stock | 10,000 | $ 21.15 | 43,000 (5) | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
HUGHES JAMES A UNITY BANK 64 OLD HWY 22 CLINTON, NJ 08809 |
X | President/CEO |
James A. Hughes, POA Alan Bedner, CFO | 03/12/2018 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | 8,000 restricted shares were granted on 3/9/2018 from the 2013 Stock Bonus Plan and vest over four years; vesting commences with 2,000 shares on 3/9/19; 2,000 shares on 3/9/20; 2,000 shares on 3/9/21; and 2,000 shares on 3/9/22. |
(2) | 18,677 restricted shares are held in an account at Computershare of which 17,960 have upcoming vesting dates; and 717 are DRP shares. |
(3) | 103,673 shares consisting of 77,774 shares held in an account at Computershare, 17,427 shares are held in a brokerage account, and 8,472 shares in a 401K plan. |
(4) | 10,000 stock options were granted on 3/9/18, which vest 1/3 per year; i.e., 3,334 on 3/9/19; 3,333 on 3/9/20; and 3,333 on 3/9/21. |
(5) | 43,000 stock options were granted to Mr. Hughes, of which 29,333 are currently exercisable. |
Remarks: Total Beneficial Ownership: 151,683 |