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

Role
Director
Signature
Mary E. Gross, POA Laurie Cook, Chief Accounting Officer/SVP
Issuer symbol
UNTY
Transactions as of
19 Oct 2021
Net transactions value
-$17,414
Form type
4
Filing time
21 Oct 2021, 16:51:29 UTC
Next filing
05 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 $25,120 +1,600 +11% $15.70 16,201 19 Oct 2021 Direct
transaction UNTY Common Stock Sale $42,534 -1,600 -9.9% $26.58 14,601 19 Oct 2021 Direct F1
holding UNTY Restricted Stock 1,875 19 Oct 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 -1,600 -8.7% $0.000000 16,800 19 Oct 2021 Common Stock 1,600 $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