Janice Bolomey - 28 Oct 2022 Form 4 Insider Report for UNITY BANCORP INC /NJ/ (UNTY)

Role
AVP
Signature
Janice Bolomey, POA Jason Murray, Accounting Operations Supervisor/AVP
Issuer symbol
UNTY
Transactions as of
28 Oct 2022
Net transactions value
-$217,266
Form type
4
Filing time
02 Nov 2022, 15:56:06 UTC
Previous filing
29 Mar 2022
Next filing
14 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNTY Common Stock Options Exercise $91,190 +11,000 +41% $8.29 38,017 28 Oct 2022 Direct
transaction UNTY Common Stock Sale $308,456 -11,000 -28% $28.04 27,665 28 Oct 2022 Direct F1, F2
holding UNTY Restricted Stock 14,375 28 Oct 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) Options Exercise $0 -11,000 -15% $0.000000 63,000 28 Oct 2022 Common Stock 11,000 $8.29 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $27.74 USD to $28.31 USD; the price reported above reflects the weighted average sale price.
F2 27,665 shares are held in an account at Shareworks
F3 14,375 restricted shares are held in an account at Computershare, which have upcoming vesting dates.
F4 Vests 3,667 share(s) on 17-Mar-2016, 3,666 share(s) on 17-Mar-2017, 3,667 share(s) on 17-Mar-2018
F5 63,000 stock options were granted under various dates and vesting periods of which 51,667 are currently exercisable.

Remarks:

Total Beneficial Ownership: 93,707