ALLEN TUCKER - Corporate Board Profile

UNITY BANCORP INC /NJ/

Filing Date	Source Excerpt
2011-03-18	Allen Tucker, 84 Vice-Chairman President, Tucker Enterprises Real Estate Builder and Investor 1995 2013 Director compensation table shows Allen Tucker received total $29,960.
2012-03-27	Allen Tucker, 85 Vice Chairman President, Tucker Enterprises Real Estate Builder and Investor 1995 2013...DIRECTOR COMPENSATION Name Fees Earned or Paid in Cash ($) Stock Awards ($) Option Awards ($) All Other Compensation ($) Total ($) Allen Tucker (9) 18,600 12,800 - 5,000 36,400
2013-03-25	Allen Tucker, 86 President, Tucker Enterprises Real Estate Builder and Investor; Director since 1995; Term expires 2016; Vice Chairman; Director compensation total $38,480.
2015-03-17	Allen Tucker has been a Director of the Company and the Bank since 1995 and is the current Vice Chairman. Director compensation table shows Allen Tucker total compensation as $50,268.
2016-03-04	Allen Tucker, 89 Chairman, Tucker Enterprises; Vice Chairman; Audit Committee member; Director compensation total $52,468.
2018-03-12	Allen Tucker: Allen Tucker has been a Director of the Company and the Bank since 1995 and is the current Vice Chairman. Mr. Tucker is also the founder and Chairman of Tucker Enterprises. The following table shows Allen Tucker's director compensation: Fees Earned or Paid in Cash ($) 22,700; Stock Awards ($) 21,980; Option Awards ($) 7,249; All Other Compensation ($) 12,000; Total ($) 63,929.
2019-03-13	Allen Tucker, 92 Chairman, Tucker Enterprises; Real Estate Builder and Investor Director Since 1995 Term Expires 2022 Vice Chairman Allen Tucker is Chairman of Audit and Vice Chairman of Human Resources/Compensation committees. Director Compensation table shows Allen Tucker total compensation as $88,657.
2021-03-30	Allen Tucker has been a Director of the Company and the Bank since 1995 and is the current Vice Chairman. Mr. Tucker is also the founder and Chairman of Tucker Enterprises. Mr. Tucker has extensive experience as a developer/builder of real estate and has extensive knowledge of the NJ markets served by the Company. Mr. Tucker is a prominent businessman in NJ and has many contacts to generate new business for the Company. Directors of the Company do not receive per meeting fees for their service on the Company’s Board of Directors. Compensation for service on the Bank’s Board of Directors for 2020 was in the form of cash compensation consisting of an annual retainer, meeting and committee fees; as well as, equity compensation in the form of restricted stock and stock option awards. Members of the Bank’s Board of Directors received an $18,000 retainer for service on the Board of Directors in 2020 which was paid in 2021. The Chairman of each Board Committee received an additional $3,000 retainer, while the Chairman of the Board received an additional $6,000. Directors also receive $700 for attendance at each Bank Board of Directors’ meeting, and between $300 and $700 for attendance at each Bank Committee meeting. The Chairman of the Board and the Chairman of each individual Committee receive an additional $200 per meeting. The Directors are eligible to participate in the Company’s stock bonus and stock option plans. On January 2, 2020, the Company’s non-employee Directors were each granted nonqualified stock options at a Black-Scholes fair value of $6.40, which vests in 33% increments over three (3) years commencing January 2, 2021. Allen Tucker received $20,700 in cash fees, $42,256 in option awards, and $19,000 in other compensation totaling $81,956.
2022-03-15	Allen Tucker Chair Audit Committee...Member Executive Loan Committee...Director Compensation...Allen Tucker $20,600 Paid in Cash, $17,550 Stock Awards, $26,978 Option Awards, $21,000 All Other Compensation, Total $86,128.