Vincent Geraci - 11 Feb 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
Issuer symbol
UNTY
Transactions as of
11 Feb 2022
Net transactions value
-$51,221
Form type
4
Filing time
16 Feb 2022, 15:06:33 UTC
Previous filing
05 Jan 2022
Next filing
07 Dec 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 $53,578 +2,408 +258% $22.25 3,341 11 Feb 2022 Direct
transaction UNTY Common Stock Options Exercise $85,200 +4,000 +120% $21.30 7,341 11 Feb 2022 Direct
transaction UNTY Common Stock Sale $69,839 -2,408 -33% $29.00 4,933 11 Feb 2022 Direct
transaction UNTY Common Stock Sale $116,066 -4,000 -81% $29.02 933 11 Feb 2022 Direct
transaction UNTY Common Stock Options Exercise $9,212 +414 +44% $22.25 1,347 14 Feb 2022 Direct
transaction UNTY Common Stock Sale $12,103 -414 -31% $29.24 933 14 Feb 2022 Direct
transaction UNTY Common Stock Sale $3,960 +178 +19% $22.25 1,111 15 Feb 2022 Direct
transaction UNTY Common Stock Options Exercise $5,162 -178 -16% $29.00 933 15 Feb 2022 Direct F1
holding UNTY Restricted Shares 5,500 11 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 -2,408 -7.5% $0.000000 29,792 11 Feb 2022 Common Stock 2,408 $22.25 Direct F3
transaction UNTY Stock Option (Right to Buy) Options Exercise $0 -4,000 -13% $0.000000 25,792 11 Feb 2022 Common Stock 4,000 $21.30 Direct F4
transaction UNTY Stock Option (Right to Buy) Options Exercise $0 -414 -1.6% $0.000000 25,378 14 Feb 2022 Common Stock 414 $22.25 Direct F3
transaction UNTY Stock Option (Right to Buy) Options Exercise $0 -178 -0.7% $0.000000 25,200 15 Feb 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