John J. Kauchak - 30 Jul 2021 Form 4 Insider Report for UNITY BANCORP INC /NJ/ (UNTY)

Role
EVP/COO
Signature
John J. Kauchak, POA Laurie Cook, Chief Accounting Officer/SVP
Issuer symbol
UNTY
Transactions as of
30 Jul 2021
Net transactions value
-$149,597
Form type
4
Filing time
03 Aug 2021, 14:56:10 UTC
Previous filing
04 Jun 2021
Next filing
16 Feb 2022
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 $34,524 +6,300 +11% $5.48 63,183 30 Jul 2021 Direct
transaction UNTY Common Stock Sale $140,679 -6,300 -10% $22.33 56,883 30 Jul 2021 Direct F1, F2
transaction UNTY Common Stock Options Exercise $14,078 +2,569 +4.5% $5.48 59,452 02 Aug 2021 Direct
transaction UNTY Common Stock Sale $57,520 -2,569 -4.3% $22.39 56,883 02 Aug 2021 Direct F2, F3
holding UNTY Restricted Stock 10,500 30 Jul 2021 Direct F4

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 -6,300 -6.7% $0.000000 87,569 30 Jul 2021 Common Stock 6,300 $5.48 Direct F5
transaction UNTY Stock Option (Right to Buy) Options Exercise $0 -2,569 -2.9% $0.000000 85,000 02 Aug 2021 Common Stock 2,569 $5.48 Direct F5, F6
* 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 $22.30 USD to $22.49 USD, the price reported above reflects the weighted average sale price.
F2 56,883 shares consisting of 55,410 shares held in an account at Shareworks, and 1,473 shares held in an account at Computershare.
F3 This transaction was executed in multiple trades at prices ranging from $22.39 USD to $22.43 USD, the price reported above reflects the weighted average sale price.
F4 10,500 shares held in an account at Computershare, which have upcoming vesting dates.
F5 Vests 3,667 share(s) on 05-Mar-2014, 3,666 share(s) on 05-Mar-2015, 3,667 share(s) on 05-Mar-2016
F6 85,000 stock options were granted under various dates and vesting periods of which 63,001 are currently exercisable.

Remarks:

Total Beneficial Ownership: 130,384