James A. Hughes - 23 Aug 2021 Form 4 Insider Report for UNITY BANCORP INC /NJ/ (UNTY)

Role
President/CEO, Director
Signature
James A. Hughes, POA Laurie Cook, Chief Accounting Officer/SVP
Issuer symbol
UNTY
Transactions as of
23 Aug 2021
Net transactions value
-$17,737
Form type
4
Filing time
24 Aug 2021, 15:08:42 UTC
Next filing
02 Sep 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNTY Restricted Stock Tax liability $17,737 -758 -2.7% $23.40 26,898 23 Aug 2021 Direct F1
holding UNTY Common Stock 115,158 23 Aug 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
holding UNTY Stock Options (Right to buy) 122,000 23 Aug 2021 Common Stock Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 26,074 shares are held in an account at Computershare, which have upcoming vesting dates. 824 shares are dividend reinvested shares for a total of 26,898.
F2 87,214 shares are held in an account at Shareworks, 6,085 shares held in an account at Computershare, 12,427 shares held in a brokerage account, and 9,432 shares are held in a 401(K) plan for a total of 115,158.
F3 122,000 stock options were granted under various dates and vesting periods of which 74,001 are currently exercisable.

Remarks:

Total Beneficial Ownership: 215,233