Janice Bolomey - 12 Mar 2023 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
12 Mar 2023
Net transactions value
-$11,683
Form type
4
Filing time
14 Mar 2023, 14:28:11 UTC
Previous filing
02 Nov 2022
Next filing
21 Mar 2023
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 $11,683 -480 -3.5% $24.34 13,375 12 Mar 2023 Direct F1, F2
holding UNTY Common Stock 28,185 12 Mar 2023 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) 63,000 12 Mar 2023 Common Stock Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 480 shares were withheld @ $24.34 per share to cover tax liability on 1,000 restricted shares vesting.
F2 13,375 restricted shares are held in an account at Computershare, which have upcoming vesting dates.
F3 28,185 shares are held in an account at Shareworks.
F4 63,000 stock options were granted under various dates and vesting periods of which 51,667 are currently exercisable.

Remarks:

Total Beneficial Ownership: 93,227