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UNTY > SEC Filings for UNTY > Form 8-K on 28-Aug-2013All Recent SEC Filings

Show all filings for UNITY BANCORP INC /NJ/



Entry into a Material Definitive Agreement, Financial Statements and Exhib

Item 1.01 Entry into a Material Definitive Agreement.

On August 28, 2013, Unity Bancorp, Inc. ("Company"), parent company of Unity Bank, completed the repurchase of the warrant to purchase 764,788 shares of the Company's common stock issued to the U.S. Department of the Treasury ("Treasury") as part of the Company's participation in the Treasury's Capital Purchase Program. On August 28, 2013, the Company entered into a letter agreement (the "Warrant Letter Agreement") with Treasury pursuant to which the Company paid a repurchase price of $2.7 million for the outstanding warrant held by Treasury.

The Warrant Letter Agreement that the Company negotiated with Treasury is attached as Exhibit 10.1 and incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

Exhibit 10.1 Warrant Letter Agreement dated August 28, 2013.

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