WAYNE COURTRIGHT - Corporate Board Profile

UNITY BANCORP INC /NJ/

Filing Date	Source Excerpt
2011-03-18	Wayne Courtright, 63 Director Consultant; Retired, Former Banker 2004 2014 The Audit Committee consisted of Chairman Peter E. Maricondo, and Directors Mark S. Brody, Wayne Courtright, and Charles S. Loring during the fiscal year ended December 31, 2010. The Audit Committee met four (4) times in 2010. 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 Wayne Courtright received total $29,560.
2012-03-27	Wayne Courtright, 64 Director Consultant; Retired, Former Banker 2004 2014...The Audit Committee consisted of Chairman Peter E. Maricondo, and Directors Dr. Mark S. Brody, Wayne Courtright, Mary E. Gross and Charles S. Loring during the fiscal year ended December 31, 2011...DIRECTOR COMPENSATION Name Fees Earned or Paid in Cash ($) Stock Awards ($) Option Awards ($) All Other Compensation ($) Total ($) Wayne Courtright (2) 18,600 12,800 - 5,000 36,400
2013-03-25	Wayne Courtright, 65 Consultant; Retired, Former Banker; Director since 2004; Term expires 2014; Director; Audit Committee member; Director compensation total $39,480.
2014-03-03	Wayne Courtright has been a Director of the Company and the Bank since 2004. Mr. Courtright is a retired banker, who has served in the capacity of Chief Lending Officer at several institutions. Mr. Courtright has extensive experience in the banking industry. The Audit Committee consisted of Chairman Peter E. Maricondo, and Directors Mark S. Brody, Wayne Courtright and Mary E. Gross during the fiscal year ended December 31, 2013. The Audit Committee met six(6) times in 2013. 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. Wayne Courtright compensation total $46,460.
2015-03-17	Wayne Courtright has been a Director of the Company and the Bank since 2004. Mr. Courtright is a retired banker. The Audit Committee consisted of Chairman Peter E. Maricondo, and Directors Mark S. Brody, Wayne Courtright and Mary E. Gross during the fiscal year ended December 31, 2014. Director compensation table shows Wayne Courtright total compensation as $51,068.
2016-03-04	Wayne Courtright, 68 Consultant; Retired, Former Banker; Director; Audit Committee member; Director compensation total $52,568.
2017-03-08	Wayne Courtright, 69 Consultant; Retired, Former Banker Director 2004 2020 The Audit Committee of the Board of Directors, which consisted of Chairman Peter E. Maricondo, and Directors Mark S. Brody, Wayne Courtright and Mary E. Gross during the fiscal year ended December 31, 2016. Director Compensation Wayne Courtright 19,200 Fees Earned or Paid in Cash, 19,290 Stock Awards, 16,896 Option Awards, 12,000 All Other Compensation, Total 67,386
2018-03-12	Wayne Courtright: Wayne Courtright has been a Director of the Company and the Bank since 2004. Mr. Courtright is a retired banker, who has served in the capacity of Chief Lending Officer at several institutions. Mr. Courtright is considered to be an Audit Committee financial expert as such term is defined by SEC regulations. The following table shows Wayne Courtright's director compensation: Fees Earned or Paid in Cash ($) 20,100; Stock Awards ($) 21,980; Option Awards ($) 7,249; All Other Compensation ($) 12,000; Total ($) 61,329.
2019-03-13	Wayne Courtright, 71 Retired, Former Bank Executive Officer and Consultant Director Since 2004 Term Expires 2020 Director Wayne Courtright is member of Audit, Human Resources/Compensation and Executive Loan committees. Director Compensation table shows Wayne Courtright total compensation as $86,057.
2020-03-10	Wayne Courtright has been a Director of the Company and the Bank since 2004. Mr. Courtright is a retired banker, who has served in the capacity of Executive Vice President, Chief Lending and Chief Credit Officer and as a Director at several institutions. Mr. Courtright is considered to be an Audit Committee financial expert as such term is defined by SEC regulations. Mr. Courtright is a prominent businessman in NJ and has many contacts to generate new business for the Company. 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: Wayne Courtright Fees Earned or Paid in Cash $21,300 Stock Awards $18,684 All Other Compensation $12,000 Total $51,984.
2021-03-30	Wayne Courtright has been a Director of the Company and the Bank since 2004. Mr. Courtright is a retired banker, who has served in the capacity of Executive Vice President, Chief Lending and Chief Credit Officer and as a Director at several institutions. Mr. Courtright is considered to be an Audit Committee financial expert as such term is defined by SEC regulations. Mr. Courtright 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. Wayne Courtright received $31,200 in cash fees, $42,256 in option awards, and $16,000 in other compensation totaling $89,456.
2022-03-15	Wayne Courtright, 74Director Retired, Former Bank Executive Officer and Consultant 2004 2023...Mr. Courtright is considered to be an Audit Committee financial expert as such term is defined by SEC regulations...The following table represents the membership on each committee as of the date of this Proxy statement:...Wayne Courtright Member Audit Committee...Member Executive Loan Committee...Member BSA/AML Compliance Committee...Member Risk Management Committee...Director Compensation...Wayne Courtright $27,000 Paid in Cash, $21,060 Stock Awards, $26,978 Option Awards, $18,000 All Other Compensation, Total $93,038.
2023-03-14	Wayne Courtright has been a Director of the Company and the Bank since 2004. Mr. Courtright is a retired banker, who has served in the capacity of Executive Vice President, Chief Lending and Chief Credit Officer and as a Director at several institutions. Mr. Courtright is considered to be an Audit Committee financial expert as such term is defined by SEC regulations. Mr. Courtright is a prominent businessman in NJ and has many contacts to generate new business for 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. Wayne Courtright received $32,900 in fees earned or paid in cash and $65,625 in stock awards for 2022.
2024-03-11	Wayne Courtright, 76 Director Retired, Former Bank Executive Officer and Consultant 2004 2026; Committees: Audit (Member), Executive Loan (Chair), Risk Management (Member); Director Compensation: Fees Earned or Paid in Cash $25,600, Stock Awards Compensation $54,660, All Other Compensation $25,000, Total $105,260.
2025-03-10	Wayne Courtright, 77 Director Retired, Former Bank Executive Officer and Consultant 2004 2026 ... Wayne Courtright 22,400 65,098 30,000 117,498 ... 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: Wayne Courtright ... Asset Liability Committee (ALCO): Wayne Courtright