Laureen Cook - 28 Mar 2022 Form 4 Insider Report for UNITY BANCORP INC /NJ/ (UNTY)

Role
Chief Accounting Officer
Signature
Laureen Cook, POA Jason Murray, Accounting Operations Supervisor
Issuer symbol
UNTY
Transactions as of
28 Mar 2022
Net transactions value
-$79,353
Form type
4
Filing time
30 Mar 2022, 16:58:12 UTC
Previous filing
05 Jan 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 Disposed to Issuer -3,400 -100% 0 28 Mar 2022 Direct F1
holding UNTY Common Stock 20,127 28 Mar 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 Options (Right to buy) Disposed to Issuer $29,659 -1,333 -7.4% $22.25 16,667 28 Mar 2022 Common Stock 1,333 $22.25 Direct F3
transaction UNTY Stock Options (Right to buy) Disposed to Issuer $49,694 -2,666 -16% $18.64 14,001 28 Mar 2022 Common Stock 2,666 $18.64 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Laureen Cook is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 3,400 unvested shares were cancelled and returned to the company's 2019 Equity Compensation Plan at the time of Ms. Cook's resignation.
F2 A total of 20,127 shares are beneficially owned by Ms. Cook; 577 shares are held in an account at Shareworks, 16,954 shares are held jointly with her spouse, and 2,596 shares are held in a 401K.
F3 1,333 unvested options were cancelled and returned to the company's 2019 Equity Compensation Plan at the time of Ms. Cook's resignation from the company.
F4 2,666 unvested options were cancelled and returned to the company's 2019 Equity Compensation Plan at the time of Ms. Cook's resignation from the company.
F5 14,001 stock options were granted under various dates and vesting periods. Options will be exercisable for the 3 months following Ms. Cook's resignation date.

Remarks:

Total Beneficial Ownership: 34,128