Janice Bolomey - 25 Mar 2022 Form 4 Insider Report for UNITY BANCORP INC /NJ/ (UNTY)

Role
EVP/CAO
Signature
Janice Bolomey, POA Laurie Cook, Chief Accounting Officer/SVP
Issuer symbol
UNTY
Transactions as of
25 Mar 2022
Net transactions value
-$13,695
Form type
4
Filing time
29 Mar 2022, 16:50:57 UTC
Previous filing
16 Mar 2022
Next filing
02 Nov 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNTY Restricted Stock Tax liability $13,695 -477 -3.2% $28.71 14,375 25 Mar 2022 Direct F1, F2
holding UNTY Common Stock 27,665 25 Mar 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
holding UNTY Stock Options (Right to buy) 74,000 25 Mar 2022 Common Stock Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 477 shares were withheld @ $28.71 per share to cover tax liability on 1,125 restricted shares vesting.
F2 14,375 restricted shares are held in an account at Computershare, which have upcoming vesting dates.
F3 27,665 shares are held in an account at Shareworks.
F4 74,000 stock options were granted under various dates and vesting periods of which 62,667 are currently exercisable.

Remarks:

Total Beneficial Ownership: 104,707