John J. Kauchak - 14 Feb 2022 Form 4 Insider Report for UNITY BANCORP INC /NJ/ (UNTY)

Role
EVP/COO
Signature
John J. Kauchak, POA Laurie Cook, Chief Accounting Officer/SVP
Issuer symbol
UNTY
Transactions as of
14 Feb 2022
Net transactions value
-$100,647
Form type
4
Filing time
16 Feb 2022, 16:03:55 UTC
Previous filing
03 Aug 2021
Next filing
18 Feb 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 $7.16 +1 +0% $7.16 56,884 14 Feb 2022 Direct
transaction UNTY Common Stock Sale $29 -1 -0% $29.00 56,883 14 Feb 2022 Direct
transaction UNTY Common Stock Options Exercise $32,979 +4,606 +8.1% $7.16 61,489 15 Feb 2022 Direct
transaction UNTY Common Stock Sale $133,604 -4,606 -7.5% $29.01 56,883 15 Feb 2022 Direct F1, F2
holding UNTY Restricted Shares 10,500 14 Feb 2022 Direct F3

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 -1 -0% $0.000000 84,999 14 Feb 2022 Common Stock 1 $7.16 Direct F4
transaction UNTY Stock Option (Right to Buy) Options Exercise $0 -4,606 -5.4% $0.000000 80,393 15 Feb 2022 Common Stock 4,606 $7.16 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $29.00 USD to $29.07 USD; the price reported above reflects the weighted average sale price.
F2 55,410 shares are held in an account at Shareworks and 1,473 shares are held in an account at Computershare.
F3 10,500 shares held in an account at Computershare, which have upcoming vesting dates.
F4 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
F5 80,393 stock options were granted under various dates and vesting periods of which 58,394 are currently exercisable.

Remarks:

Total Beneficial Ownership: 125,777