Mark S. Brody - 03 Jan 2022 Form 4 Insider Report for UNITY BANCORP INC /NJ/ (UNTY)

Role
Director
Signature
Dr. Mark Brody, POA Laurie Cook, Chief Accounting Officer/SVP
Issuer symbol
UNTY
Transactions as of
03 Jan 2022
Net transactions value
$0
Form type
4
Filing time
05 Jan 2022, 16:09:16 UTC
Previous filing
08 Dec 2021
Next filing
05 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNTY Restricted Stock Award $0 +2,000 +205% $0.000000 2,975 03 Jan 2022 Direct F1, F2
holding UNTY Common Stock 67,777 03 Jan 2022 Direct F3
holding UNTY Common Stock 40,102 03 Jan 2022 Financial Planning Analysts
holding UNTY Common Stock 255,465 03 Jan 2022 Financial Planning Analysts Dispositive Shares F4

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) 22,800 03 Jan 2022 Common Stock Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 2,000 restricted shares were granted on 1/3/2022 from the 2019 Equity Compensation Plan and vest over four years; vesting commences with 500 shares on 1/3/2023, 500 shares on 1/3/2024, 500 shares on 1/3/2025, and 500 shares on 1/3/2026.
F2 2,975 shares are held in an account at Computershare, which have upcoming vesting dates.
F3 A total of 67,777 shares are beneficially owned by Dr. Brody; 33,592 are held jointly with his spouse, 13,436 are held in street name, 20,629 are held in an account at Shareworks, and 120 are held in an account at Computershare.
F4 Shares held in a master account of Financial Planning Analysts over which Dr. Brody has no voting authority, but has dispositive power.
F5 22,800 stock options were granted under various dates and vesting periods of which 17,934 are currently exercisable.

Remarks:

Total Beneficial Ownership: 384,253