Adam Kuras - Jan 3, 2022 Form 4 Insider Report for UNITY BANCORP INC /NJ/ (UNTY)

Role
Chief Lending Officer
Signature
Adam Kuras, POA Laurie Cook, Chief Accounting Officer/SVP
Stock symbol
UNTY
Transactions as of
Jan 3, 2022
Transactions value $
$0
Form type
4
Date filed
1/5/2022, 04:09 PM
Next filing
Jan 31, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNTY Restricted Stock Award $0 +1.5K +132.16% $0.00 2.64K Jan 3, 2022 Direct F1, F2
holding UNTY Common Stock 376 Jan 3, 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) 2K Jan 3, 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 1,500 restricted shares were granted on 1/3/2022 from the 2019 Equity Compensation Plan and vest over four years; vesting commences with 375 shares on 1/3/2023, 375 shares on 1/3/2024, 375 shares on 1/3/2025, and 375 shares on 1/3/2026.
F2 2,625 shares are held in an account at Computershare, which have upcoming vesting dates. 10 shares are dividend reinvested shares for a total of 2,635.
F3 376 shares are held in an account at Shareworks.
F4 2,000 stock options were granted under various dates and vesting periods of which 667 are currently exercisable.

Remarks:

Total Beneficial Ownership: 3,679