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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 | $ 18.25 | 12/21/2018 | A | 14,000 (3) | 12/21/2019 | 12/21/2028 | Common Stock | 14,000 | $ 18.25 | 57,000 (4) | 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 | 12/26/2018 | |
**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) | 100,183 shares consisting of 72,261 shares held in an account at Shareworks, 6,063 shares held in account at Computershare, 12,427 shares held in a brokerage account, and 9,432 shares in a 401K plan. |
(2) | 18,127 restricted shares are held in an account at Computershare, of which 17,410 have upcoming vesting dates; and 717 are DRP shares. |
(3) | 14,000 stock options were granted on 12/21/18 at $18.25 per share, which vest 1/3 per year, i.e., 4,667 on 12/21/19, 4,666 on 12/21/20, and 4,667 on 12/21/21. |
(4) | 57,000 stock options were granted to Mr. Hughes, of which 29,333 are currently exercisable. |
Remarks: Total amount of Beneficial Securities Owned: 147,643 Mr. Hughes receives additional shares on a quarterly basis through his dividend reinvestment plan. |