James A. Hughes - 31 Aug 2022 Form 4 Insider Report for UNITY BANCORP INC /NJ/ (UNTY)

Role
President/CEO, Director
Signature
James A. Hughes, POA Jason Murray, Accounting Operations Supervisor, AVP
Issuer symbol
UNTY
Transactions as of
31 Aug 2022
Net transactions value
-$22,862
Form type
4
Filing time
02 Sep 2022, 15:35:31 UTC
Previous filing
24 Aug 2022
Next filing
23 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 $22,862 -809 -2% $28.26 39,699 31 Aug 2022 Direct F1, F2
holding UNTY Common Stock 122,339 31 Aug 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) 122,000 31 Aug 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 809 shares were withheld @ $28.26 per share to cover tax liability on restricted stock vesting.
F2 38,875 shares are held in an account at Computershare, which have upcoming vesting dates. 824 shares are dividend reinvested shares for a total of 39,699.
F3 122,339 shares consisting of 94,545 shares held in an account at Shareworks, 6,085 shares held in an account at Computershare, 12,327 shares held in a brokerage account, and 9,382 shares are held in a 401K plan.
F4 122,000 stock options were granted under various dates and vesting periods of which 100,334 are currently exercisable.

Remarks:

Total Beneficial Ownership: 262,372