Mary E. Gross - Oct 19, 2021 Form 4 Insider Report for UNITY BANCORP INC /NJ/ (UNTY)

Role
Director
Signature
Mary E. Gross, POA Laurie Cook, Chief Accounting Officer/SVP
Stock symbol
UNTY
Transactions as of
Oct 19, 2021
Transactions value $
-$17,414
Form type
4
Date filed
10/21/2021, 04:51 PM
Next filing
Jan 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNTY Common Stock Options Exercise $25.1K +1.6K +10.96% $15.70 16.2K Oct 19, 2021 Direct
transaction UNTY Common Stock Sale -$42.5K -1.6K -9.88% $26.58 14.6K Oct 19, 2021 Direct F1
holding UNTY Restricted Stock 1.88K Oct 19, 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 -1.6K -8.7% $0.00 16.8K Oct 19, 2021 Common Stock 1.6K $15.70 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 13,512 shares are held in an account at Shareworks; and 1,089 shares are held in additional brokerage accounts.
F2 1,875 restricted shares are held in an account at Computershare, which have upcoming vesting dates.
F3 Vests 534 share(s) on 03-Jan-2018, 533 share(s) on 03-Jan-2019, 533 share(s) on 03-Jan-2020.
F4 16,800 stock options were granted under various dates and vesting periods of which 7,400 are currently exercisable.

Remarks:

Total Beneficial Ownership: $23,876