Stephen Rooney - 02 Feb 2022 Form 4 Insider Report for UNITY BANCORP INC /NJ/ (UNTY)

Role
Chief Credit Officer/1st SVP
Signature
Stephen F. Rooney, POA Laurie Cook, Chief Accounting Officer/SVP
Issuer symbol
UNTY
Transactions as of
02 Feb 2022
Net transactions value
-$54,639
Form type
4
Filing time
04 Feb 2022, 14:46:42 UTC
Previous filing
05 Jan 2022
Next filing
26 Jul 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 $26,964 +2,800 +33% $9.63 11,245 02 Feb 2022 Direct
transaction UNTY Common Stock Sale $81,603 -2,800 -25% $29.14 8,445 02 Feb 2022 Direct F1
holding UNTY Restricted Stock 2,812 02 Feb 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 -2,800 -9.6% $0.000000 26,500 02 Feb 2022 Common Stock 2,800 $9.63 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 8,445 shares are held in an account at Shareworks.
F2 2,812 shares are held in an account at Computershare, which have upcoming vesting dates.
F3 Vests 1,834 share(s) on 16-Dec-2016, 1,833 share(s) on 16-Dec-2017, 1,833 share(s) on 16-Dec-2018
F4 26,500 stock options were granted under various dates and vesting periods of which 22,168 are currently exercisable.

Remarks:

Total Beneficial Ownership: 33,425