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

Role
Chief Accounting Officer
Signature
Laureen Cook, POA Jason Murray, Accounting Operations Supervisor
Issuer symbol
UNTY
Transactions as of
22 Oct 2021
Net transactions value
-$57,725
Form type
4
Filing time
26 Oct 2021, 15:33:57 UTC
Next filing
08 Dec 2021
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 $73,000 +5,000 +26% $14.60 24,551 22 Oct 2021 Direct
transaction UNTY Common Stock Sale $130,725 -5,000 -20% $26.14 19,551 22 Oct 2021 Direct F1
holding UNTY Restricted Stock 2,500 22 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 -5,000 -22% $0.000000 18,000 22 Oct 2021 Common Stock 5,000 $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