DAVID D. DALLAS - Corporate Board Profile

UNITY BANCORP INC /NJ/

Filing Date	Source Excerpt
2011-03-18	David D. Dallas, 56 Chairman of the Company and the Bank; Chairman Chief Executive Officer of Dallas Group of America, Inc. (Chemicals) 1991 2014 Directors of the Company do not receive per meeting fees for their service on the Company's Board of Directors. The Bank's Board of Directors does receive a $5,000 retainer per year. Directors also receive cash compensation for their service on the Board of Directors of the Bank. Directors receive $600 for attendance at each Bank Board of Directors' meeting, and between $200 and $600 for attendance at each Bank Committee meeting. The Chairman of the Board and the Chairman of each individual Committee receive an additional $100.00 per meeting. The Directors are eligible to participate in the Company's stock bonus and stock option plans. During 2010, the Company's non-employee Directors each received 1,200 shares of restricted stock granted at a fair value of $5.30 per share, which vest in 300 share increments over four (4) years commencing September 23, 2011. Director compensation table shows David D. Dallas received total $25,960.
2012-03-27	David D. Dallas(3), 57 Chairman Chairman of the Company and the Bank; Chief Executive Officer of Dallas Group of America, Inc. (Chemicals) 1991 2014...DIRECTOR COMPENSATION Name Fees Earned or Paid in Cash ($) Stock Awards ($) Option Awards ($) All Other Compensation ($) Total ($) Dave D. Dallas (3) 16,200 12,800 - 5,000 34,000
2013-03-25	David D. Dallas, 58 Chairman of the Company and the Bank; Chief Executive Officer of Dallas Group of America, Inc.; Director since 1991; Term expires 2014; Chairman; Director compensation total $36,080.
2014-03-03	David D. Dallas has been a Director of the Company and the Bank since 1991 and is the current Chairman. Mr. Dallas is also the CEO of Dallas Group of America, Inc. Directors of the Company do not receive per meeting fees for their service on the Company’s Board of Directors. The Bank’s Board of Directors received an $8,000 retainer for service on the Board of Directors in 2013. Directors also receive cash compensation for their service on the Board of Directors of the Bank. Directors receive $600 for attendance at each Bank Board of Directors’ meeting, and between $200 and $600 for attendance at each Bank Committee meeting. The Chairman of the Board and the Chairman of each individual Committee receive an additional $100 per meeting. During 2013, the Company’s non-employee Directors each received 2,400 shares of restricted stock granted at a fair value of $7.65 per share, which vest in 600 share increments over four (4) years commencing November 21, 2014. David D. Dallas compensation total $41,860.
2015-03-17	David D. Dallas has been a Director of the Company and the Bank since 1991 and is the current Chairman. Director compensation table shows Dave D. Dallas total compensation as $46,768.
2016-03-04	David D. Dallas, 61 Chairman of the Company and the Bank; Chairman; Director compensation total $48,968.
2017-03-08	David D. Dallas (3), 62 Chairman of the Company and the Bank; Chief Executive Officer 1991 2020 David D. Dallas is a founding member of the Bank and currently serves as Chairman of the Company and Bank. Director Compensation Dave D. Dallas 19,500 Fees Earned or Paid in Cash, 19,290 Stock Awards, 16,896 Option Awards, 12,000 All Other Compensation, Total 67,686
2018-03-12	David D. Dallas: David D. Dallas is a founding member of the Bank and currently serves as Chairman of the Company and Bank. Mr. Dallas is the CEO of The Dallas Group of America. Inc., a specialty chemical manufacturing business headquartered in Whitehouse, NJ, which serves a global industrial and foodservice customer base. The following table shows David D. Dallas's director compensation: Fees Earned or Paid in Cash ($) 20,100; Stock Awards ($) 21,980; Option Awards ($) 7,249; All Other Compensation ($) 12,000; Total ($) 61,329.
2019-03-13	David D. Dallas, 64 Chairman of the Company and the Bank; Chief Executive Officer of Dallas Group of America, Inc. Director Since 1991 Term Expires 2020 Chairman David D. Dallas is member of Audit and Chairman of Human Resources/Compensation committees. Director Compensation table shows David D. Dallas total compensation as $90,957.
2020-03-10	David D. Dallas is a founding member of the Bank and currently serves as Chairman of the Company and Bank. Mr. Dallas is the CEO of The Dallas Group of America. Inc., a specialty chemical manufacturing business headquartered in Whitehouse, NJ, which serves a global industrial and foodservice customer base. 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. Members of the Bank’s Board of Directors received a $16,000 retainer for service on the Board of Directors in 2019 which was paid in 2020. The Chairman of each Board Committee received an additional $3,000 retainer, while the Chairman of the Board received an additional $6,000 retainer. Director Compensation: David D. Dallas Fees Earned or Paid in Cash $21,100 Stock Awards $18,684 All Other Compensation $18,000 Total $57,784.
2021-03-30	David D. Dallas is a founding member of the Bank and currently serves as Chairman of the Company and Bank. Mr. Dallas is the CEO of The Dallas Group of America. Inc., a specialty chemical manufacturing business headquartered in Whitehouse, NJ, which serves a global industrial and foodservice customer base. For over 40 years, Mr. Dallas has extensive experience in real estate through investing and developing commercial and residential properties throughout the NJ and PA markets served by the Company. Mr. Dallas is an active member of the Franklin Township Land Use Board having served for more than 10 years and currently serves as a trustee of Centenary University located in Hackettstown, NJ. Mr. Dallas has served as a Director of the Bank since 1991 and the Company since it was formed. 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. David D. Dallas received $34,200 in cash fees, $42,256 in option awards, and $22,000 in other compensation totaling $98,456.
2022-03-15	David D. Dallas, 67Chairman Chairman of the Company and the Bank;Chief Executive Officer of Dallas Group of America, Inc. (Chemicals) 1991 2023...The following table represents the membership on each committee as of the date of this Proxy statement:...David D. Dallas Member Audit Committee...Member Executive Loan Committee...Member BSA/AML Compliance Committee...Chair Risk Management Committee...Director Compensation...David D. Dallas $30,200 Paid in Cash, $21,060 Stock Awards, $26,978 Option Awards, $24,000 All Other Compensation, Total $102,238.
2023-03-14	David D. Dallas is a founding member of the Bank and currently serves as Chairman of the Company and Bank. Mr. Dallas is the CEO of The Dallas Group of America. Inc., a specialty chemical manufacturing business headquartered in Whitehouse, NJ, which serves a global industrial and foodservice customer base. For over 40 years, Mr. Dallas has extensive experience in real estate through investing and developing commercial and residential properties throughout the NJ and PA markets served by the Company. Members of the Bank’s Board of Directors received a $22,000 retainer for service on the Board of Directors in 2022 which was paid in 2023. 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 $900 for attendance at each Bank Board of Directors’ meeting, and between $500 and $900 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. David D. Dallas received $33,100 in fees earned or paid in cash and $65,625 in stock awards for 2022.
2024-03-11	David D. Dallas, 70 Chairman Chairman of the Company and the Bank; CEO of Dallas Group of America, Inc. 1991 2026; Committees: Audit (Member), Executive Loan (Member), Risk Management (Chair); Director Compensation: Fees Earned or Paid in Cash $32,000, Stock Awards Compensation $54,660, All Other Compensation $28,000, Total $114,660.
2025-03-10	David D. Dallas (3), 70 Chairman Mr. Dallas has served as a Director of the Bank since 1991 and the Company since it was formed. Chairman of the Company and the Bank; Chief Executive Officer of Dallas Group of America, Inc. (Chemicals) 1991 2026 ... David D. Dallas 21,900 65,098 33,000 119,998 ... The Audit & Risk Committee of the Board of Directors, established in accordance with Section 3(a)(58)(A) of the Securities Exchange Act of 1934, as amended, which consisted of Chairman Peter E. Maricondo and Directors Dr. Mark S. Brody, Wayne Courtright, David D. Dallas, and Dr. Mary E. Gross during the fiscal year ended December 31, 2024. ... The Board of Directors has the following five (5) standing committees: Audit & Risk, Human Resources (HR)/Compensation, Executive Loan, Corporate Governance and Nominating, and Asset Liability Committee (ALCO). ... The following table represents the membership on each committee as of the date of this Proxy statement: ... Audit & Risk: David D. Dallas ... Asset Liability Committee (ALCO): David D. Dallas