Janice Bolomey - 25 Jan 2022 Form 4 Insider Report for UNITY BANCORP INC /NJ/ (UNTY)

Role
EVP/CAO
Signature
Janice Bolomey, POA Laurie Cook, Chief Accounting Officer/SVP
Issuer symbol
UNTY
Transactions as of
25 Jan 2022
Net transactions value
-$245,124
Form type
4
Filing time
27 Jan 2022, 15:41:26 UTC
Previous filing
05 Aug 2021
Next filing
10 Mar 2022
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 $41,471 +5,792 +23% $7.16 31,081 25 Jan 2022 Direct
transaction UNTY Common Stock Sale $169,946 -5,792 -19% $29.34 25,289 25 Jan 2022 Direct F1
transaction UNTY Common Stock Options Exercise $37,289 +5,208 +21% $7.16 30,497 26 Jan 2022 Direct
transaction UNTY Common Stock Sale $153,938 -5,208 -17% $29.56 25,289 26 Jan 2022 Direct F1
holding UNTY Restricted Stock 10,500 25 Jan 2022 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 -11,000 -13% $0.000000 74,000 25 Jan 2022 Common Stock 11,000 $7.16 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 25,289 shares are held in an account at Shareworks.
F2 10,500 Shares are held in an account at Computershare, which have upcoming vesting dates.
F3 Vests 3,667 share(s) on 03-Mar-2015, 3,666 share(s) on 03-Mar-2016, 3,667 share(s) on 03-Mar-2017
F4 74,000 stock options were granted under various dates and vesting periods of which 52,001 are currently exercisable.

Remarks:

Total Beneficial Ownership: 87,790