Stephen Rooney - 22 Jul 2022 Form 4 Insider Report for UNITY BANCORP INC /NJ/ (UNTY)

Role
Chief Credit Officer/1st SVP
Signature
Stephen F. Rooney, POA Jason Murray, Accounting Operations Supervisor, AVP
Issuer symbol
UNTY
Transactions as of
22 Jul 2022
Net transactions value
-$86,763
Form type
4
Filing time
26 Jul 2022, 17:07:29 UTC
Previous filing
04 Feb 2022
Next filing
18 Aug 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 -312 -11% 2,500 22 Jul 2022 Direct F1
transaction UNTY Restricted Stock Disposed to Issuer -2,500 -100% 0 22 Jul 2022 Direct F2
holding UNTY Common Stock 8,445 22 Jul 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) Disposed to Issuer $37,068 -1,666 -6.3% $22.25 24,834 22 Jul 2022 Common Stock 1,666 $22.25 Direct F4
transaction UNTY Stock Options (Right to buy) Disposed to Issuer $49,694 -2,666 -11% $18.64 22,168 22 Jul 2022 Common Stock 2,666 $18.64 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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

Explanation of Responses:

Id Content
F1 312 unvested shares granted from the 2013 Stock Bonus Plan were cancelled at the time of Mr. Rooney's resignation.
F2 2,500 unvested shares were cancelled and returned to the company's 2019 Equity Compensation Plan at the time of Mr. Rooney's resignation.
F3 8,445 shares are held in an account at Shareworks.
F4 1,666 unvested options were cancelled and returned to the company's 2019 Equity Compensation Plan at the time of Mr. Rooney's resignation from the company.
F5 2,666 unvested options were cancelled and returned to the company's 2019 Equity Compensation Plan at the time of Mr. Rooney's resignation from the company.
F6 22,168 stock options were granted under various dates and vesting periods. Options will be exercisable for the 3 months following Mr. Rooney's resignation date.

Remarks:

Total Beneficial Ownership: 30,613