Vincent Geraci - Feb 11, 2022 Form 4 Insider Report for UNITY BANCORP INC /NJ/ (UNTY)

Role
Director of Mortgage Lending
Signature
Vincent Geraci, POA Laureen Cook, Chief Accounting Officer/SVP
Stock symbol
UNTY
Transactions as of
Feb 11, 2022
Transactions value $
-$51,221
Form type
4
Date filed
2/16/2022, 03:06 PM
Previous filing
Jan 5, 2022
Next filing
Dec 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNTY Common Stock Options Exercise $53.6K +2.41K +258.09% $22.25 3.34K Feb 11, 2022 Direct
transaction UNTY Common Stock Options Exercise $85.2K +4K +119.72% $21.30 7.34K Feb 11, 2022 Direct
transaction UNTY Common Stock Sale -$69.8K -2.41K -32.8% $29.00 4.93K Feb 11, 2022 Direct
transaction UNTY Common Stock Sale -$116K -4K -81.09% $29.02 933 Feb 11, 2022 Direct
transaction UNTY Common Stock Options Exercise $9.21K +414 +44.37% $22.25 1.35K Feb 14, 2022 Direct
transaction UNTY Common Stock Sale -$12.1K -414 -30.73% $29.24 933 Feb 14, 2022 Direct
transaction UNTY Common Stock Sale $3.96K +178 +19.08% $22.25 1.11K Feb 15, 2022 Direct
transaction UNTY Common Stock Options Exercise -$5.16K -178 -16.02% $29.00 933 Feb 15, 2022 Direct F1
holding UNTY Restricted Shares 5.5K Feb 11, 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 -2.41K -7.48% $0.00 29.8K Feb 11, 2022 Common Stock 2.41K $22.25 Direct F3
transaction UNTY Stock Option (Right to Buy) Options Exercise $0 -4K -13.43% $0.00 25.8K Feb 11, 2022 Common Stock 4K $21.30 Direct F4
transaction UNTY Stock Option (Right to Buy) Options Exercise $0 -414 -1.61% $0.00 25.4K Feb 14, 2022 Common Stock 414 $22.25 Direct F3
transaction UNTY Stock Option (Right to Buy) Options Exercise $0 -178 -0.7% $0.00 25.2K Feb 15, 2022 Common Stock 178 $22.25 Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 933 shares are held in an account at Shareworks.
F2 5,500 shares are held in an account at Computershare, which have upcoming vesting dates.
F3 Vests 2,500 share(s) on 06-Dec-2020, 2,500 share(s) on 06-Dec-2021, 2,500 share(s) on 06-Dec-2022.
F4 Vests 3,000 share(s) on 10-Dec-2019, 3,000 share(s) on 10-Dec-2020, 3,000 share(s) on 10-Dec-2021.
F5 25,200 stock options were granted under various dates and vesting periods of which 17,700 are currently exercisable.

Remarks:

Total Beneficial Ownership: 24,133