John J. Kauchak - 18 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
18 Feb 2022
Net transactions value
-$6,072
Form type
4
Filing time
23 Feb 2022, 15:08:34 UTC
Previous filing
18 Feb 2022
Next filing
25 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 $1,990 +278 +0.49% $7.16 57,161 18 Feb 2022 Direct
transaction UNTY Common Stock Sale $8,062 -278 -0.49% $29.00 56,883 18 Feb 2022 Direct F1
holding UNTY Restricted Shares 10,500 18 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 -278 -0.37% $0.000000 75,725 18 Feb 2022 Common Stock 278 $7.16 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 55,410 shares are held in an account at Shareworks and 1,473 are held in an account at Computershare.
F2 10,500 shares held in an account at Computershare, which have upcoming vesting dates.
F3 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
F4 75,725 stock options were granted under various dates and vesting periods of which 53,726 are currently exercisable.

Remarks:

Total Beneficial Ownership: 121,109