Stephen Rooney - 03 Jan 2022 Form 4 Insider Report for UNITY BANCORP INC /NJ/ (UNTY)

Role
Chief Credit Officer/1st SVP
Signature
Stephen F. Rooney, POA Laurie Cook, Chief Accounting Officer/SVP
Issuer symbol
UNTY
Transactions as of
03 Jan 2022
Net transactions value
-$4,174
Form type
4
Filing time
05 Jan 2022, 16:09:02 UTC
Previous filing
14 Dec 2021
Next filing
04 Feb 2022
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 $4,174 -159 -5.4% $26.25 2,812 03 Jan 2022 Direct F1, F2
holding UNTY Common Stock 8,445 03 Jan 2022 Direct F3

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) 32,000 03 Jan 2022 Common Stock Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 159 shares were withheld @ $26.25 per share to cover tax liability on 375 restricted shares vested.
F2 2,812 shares are held in an account at Computershare, which have upcoming vesting dates.
F3 8,445 shares are held in an account at Shareworks.
F4 32,000 stock options were granted under various dates and vesting periods of which 24,968 are currently exercisable.

Remarks:

Total Beneficial Ownership: 36,225