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Unity Bancorp Inc.

09/23/2020 | Press release | Distributed by Public on 09/23/2020 06:54

Form Insider Ownership

Section 1: 4 (PRIMARY DOCUMENT)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT 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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(Print or Type Responses)

1. Name and Address of Reporting Person *
Kuras Adam
2. Issuer Name and Ticker or Trading Symbol
UNITY BANCORP INC /NJ/ [UNTY]
5. Relationship of Reporting Person(s) to Issuer
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Lending Officer
C/O UNITY BANK, 64 OLD HIGHWAY 22 3. Date of Earliest Transaction (Month/Day/Year)
09/21/2020
CLINTON, NJ 08809 4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Restricted Stock 09/21/2020 A 1,000(1) A $ 0 1,000(2) D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Kuras Adam
C/O UNITY BANK
64 OLD HIGHWAY 22
CLINTON, NJ 08809
Chief Lending Officer

Signatures

Adam Kuras, POA Laurie Cook, Controller/SVP 09/22/2020
**Signature of Reporting Person Date

Explanation of Responses:

* 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) 1,000 restricted shares were granted on 9/21/2020 from the 2019 Equity Compensation Plan and vest over four years; vesting commences with 250 shares on 9/21/2021, 250 shares on 9/21/2022, 250 shares on 9/21/2023, and 250 shares on 9/21/2024.
(2) 1,000 restricted shares are held in an account at Computershare, which have upcoming vesting dates.

Remarks:
Total Beneficial Ownership: 1,000 shares
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.(Back To Top)