Janice Bolomey - 11 May 2021 Form 4 Insider Report for UNITY BANCORP INC /NJ/ (UNTY)

Role
EVP/CAO
Signature
Janice Bolomey, POA Laurie Cook, Chief Accounting Officer/SVP
Issuer symbol
UNTY
Transactions as of
11 May 2021
Net transactions value
-$183,398
Form type
4
Filing time
13 May 2021, 14:41:54 UTC
Next filing
05 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNTY Common Stock Options Exercise $64,020 +11,000 +43% $5.82* 36,289 11 May 2021 Direct
transaction UNTY Common Stock Sale $244,901 -10,892 -30% $22.48 25,397 11 May 2021 Direct F1
transaction UNTY Common Stock Sale $2,517 -108 -0.43% $23.31 25,289 11 May 2021 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction UNTY Stock Option (Right to Buy) Options Exercise $0 -11,000 -10% $0.000000 96,000 11 May 2021 Common Stock 11,000 $5.82 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $22.22 USD to $23.15 USD; the price reported above reflects the weighted average sale price.
F2 This transaction was executed in multiple trades at prices ranging from $23.26 USD to $23.36 USD; the price reported above reflects the weighted average sale price.
F3 Vests 3,667 share(s) on 17-Nov-2012, 3,666 share(s) on 17-Nov-2013, 3,667 share(s) on 17-Nov-2014
F4 96,000 stock options were granted under various dates and vesting periods of which 74,001 are currently exercisable.

Remarks:

Total Beneficial Ownership: 109,790