Laureen Cook - Oct 22, 2021 Form 4 Insider Report for UNITY BANCORP INC /NJ/ (UNTY)

Role
Chief Accounting Officer
Signature
Laureen Cook, POA Jason Murray, Accounting Operations Supervisor
Stock symbol
UNTY
Transactions as of
Oct 22, 2021
Transactions value $
-$57,725
Form type
4
Date filed
10/26/2021, 03:33 PM
Next filing
Dec 8, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNTY Common Stock Options Exercise $73K +5K +25.57% $14.60 24.6K Oct 22, 2021 Direct
transaction UNTY Common Stock Sale -$131K -5K -20.37% $26.15 19.6K Oct 22, 2021 Direct F1
holding UNTY Restricted Stock 2.5K Oct 22, 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 -5K -21.74% $0.00 18K Oct 22, 2021 Common Stock 5K $14.60 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 16,954 shares are held jointly with her spouse in a brokerage account, and 2,597 shares are held in a 401K.
F2 2,500 restricted shares are held in an account at Computershare, which have upcoming vesting dates.
F3 Vests 1,667 share(s) on 15-Dec-2017, 1,666 share(s) on 15-Dec-2018, 1,667 share(s) on 15-Dec-2019
F4 18,000 stock options were granted under various dates and vesting periods of which 9,668 are currently exercisable.

Remarks:

Total Beneficial Ownership: 31,719