John J. Kauchak - 16 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
16 Feb 2022
Net transactions value
-$96,027
Form type
4
Filing time
18 Feb 2022, 15:51:22 UTC
Previous filing
16 Feb 2022
Next filing
23 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 $29,241 +4,084 +7.2% $7.16 60,967 16 Feb 2022 Direct
transaction UNTY Common Stock Sale $118,585 -4,084 -6.7% $29.04 56,883 16 Feb 2022 Direct F1
transaction UNTY Common Stock Options Exercise $2,191 +306 +0.54% $7.16 57,189 17 Feb 2022 Direct
transaction UNTY Common Stock Sale $8,874 -306 -0.54% $29.00 56,883 17 Feb 2022 Direct F2
holding UNTY Restricted Shares 10,500 16 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 -4,084 -5.1% $0.000000 76,309 16 Feb 2022 Common Stock 4,084 $7.16 Direct F4
transaction UNTY Stock Option (Right to Buy) Options Exercise $0 -306 -0.4% $0.000000 76,003 17 Feb 2022 Common Stock 306 $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 $29.21 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 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 76,003 stock options were granted under various dates and vesting periods of which 54,004 are currently exercisable.

Remarks:

Total Beneficial Ownership: 121,387