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

Role
Director, Vice Chairman of the Board
Signature
Allen Tucker, 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, 04:11 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNTY Restricted Stock Award $0 +2K +124.38% $0.00 3.61K Jan 3, 2022 Direct F1, F2
holding UNTY Common Stock 361K 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) 22.8K 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 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. 633 shares are dividend reinvested shares for a total of 3,608.
F3 4,415 shares are held in an account at Shareworks, 29,733 shares are held in a trust account at Computershare, and 326,974 shares are held in an additional brokerage account.
F4 22,800 stock options were granted under various dates and vesting periods of which 17,934 are currently exercisable.

Remarks:

Total Beneficial Ownership: 382,664