George Boyan - 16 Mar 2022 Form 4 Insider Report for UNITY BANCORP INC /NJ/ (UNTY)

Role
Chief Financial Officer
Signature
George Boyan, POA Laureen Cook, Chief Accounting Officer/SVP
Issuer symbol
UNTY
Transactions as of
16 Mar 2022
Net transactions value
$0
Form type
4
Filing time
17 Mar 2022, 16:56:43 UTC
Next filing
23 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNTY Restricted Stock Award $0 +12,000 +119% $0.000000 22,119 16 Mar 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 12,000 restricted shares were granted on 3/16/2022 from the 2019 Equity Compensation Plan and vest over four years; vesting commences with 3,000 shares on 3/16/2023, 3,000 shares on 3/16/2024, 3,000 shares on 3/16/2025, and 3,000 shares on 3/16/2026.
F2 22,000 shares are held in an account at Computershare, which have upcoming vesting dates, 119 are dividend reinvested shares for a total of 22,119.

Remarks:

Total Beneficial Ownership: 22,119