Donald E. Souders Jr. - 14 Nov 2022 Form 4 Insider Report for UNITY BANCORP INC /NJ/ (UNTY)

Role
Director
Signature
Donald E. Souders, Jr., POA Jason Murray, Accounting Operations Supervisor/AVP
Issuer symbol
UNTY
Transactions as of
14 Nov 2022
Net transactions value
-$19,207
Form type
4
Filing time
16 Nov 2022, 11:42:32 UTC
Previous filing
02 Feb 2022
Next filing
05 Jan 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 $2,120 +135 +1% $15.70 13,388 14 Nov 2022 Direct
transaction UNTY Common Stock Sale $3,868 -135 -1% $28.65 13,253 14 Nov 2022 Direct
transaction UNTY Common Stock Options Exercise $21,430 +1,365 +10% $15.70 14,618 15 Nov 2022 Direct
transaction UNTY Common Stock Sale $38,889 -1,365 -9.3% $28.49 13,253 15 Nov 2022 Direct F1
holding UNTY Restricted Stock 3,587 14 Nov 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 Option (Right to Buy) Options Exercise $0 -135 -0.74% $0.000000 18,165 14 Nov 2022 Common Stock 135 $15.70 Direct F3
transaction UNTY Stock Option (Right to Buy) Options Exercise $0 -1,365 -7.5% $0.000000 16,800 15 Nov 2022 Common Stock 1,365 $15.70 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 13,176 shares are held in an account at Shareworks, and 77 shares are held in additional brokeage accounts.
F2 3,587 restricted shares are held in an account at Computershare, which have upcoming vesting dates.
F3 Vests 500 share(s) on 03-Jan-2018, 500 share(s) on 03-Jan-2019, 500 share(s) on 03-Jan-2020
F4 16,800 stock options were granted under various dates and vesting periods of which 11,934 are currently exercisable.

Remarks:

Total Beneficial Ownership: 28,774