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

Role
EVP/CAO
Signature
Janice Bolomey, POA Laurie Cook, Chief Accounting Officer/SVP
Stock symbol
UNTY
Transactions as of
Jan 25, 2022
Transactions value $
-$245,124
Form type
4
Date filed
1/27/2022, 03:41 PM
Previous filing
Aug 5, 2021
Next filing
Mar 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNTY Common Stock Options Exercise $41.5K +5.79K +22.9% $7.16 31.1K Jan 25, 2022 Direct
transaction UNTY Common Stock Sale -$170K -5.79K -18.64% $29.34 25.3K Jan 25, 2022 Direct F1
transaction UNTY Common Stock Options Exercise $37.3K +5.21K +20.59% $7.16 30.5K Jan 26, 2022 Direct
transaction UNTY Common Stock Sale -$154K -5.21K -17.08% $29.56 25.3K Jan 26, 2022 Direct F1
holding UNTY Restricted Stock 10.5K Jan 25, 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 -11K -12.94% $0.00 74K Jan 25, 2022 Common Stock 11K $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