Janice Bolomey - 04 Aug 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
04 Aug 2021
Net transactions value
-$186,010
Form type
4
Filing time
05 Aug 2021, 11:45:37 UTC
Previous filing
13 May 2021
Next filing
27 Jan 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 $60,060 +11,000 +43% $5.46* 36,289 04 Aug 2021 Direct
transaction UNTY Common Stock Sale $246,070 -11,000 -30% $22.37 25,289 04 Aug 2021 Direct F1, F2
holding UNTY Restricted Stock 10,500 04 Aug 2021 Direct F3

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 -11% $0.000000 85,000 04 Aug 2021 Common Stock 11,000 $5.46 Direct F4, F5
* 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 $22.12 USD to $22.58 USD; the price reported above reflects the weighted average sale price.
F2 25,289 shares are held in an account at Shareworks.
F3 10,500 shares are held in an account at Computershare, which have upcoming vesting dates.
F4 Vests 3,667 share(s) on 18-Dec-2013, Vests 3,666 share(s) on 18-Dec-2014, Vests 3,667 share(s) on 18-Dec-2015.
F5 85,000 stock options were granted under various dates and vesting periods of which 63,001 are currently exercisable.

Remarks:

Total Beneficial Ownership: 98,790