John J. Kauchak - 02 Mar 2023 Form 4 Insider Report for UNITY BANCORP INC /NJ/ (UNTY)

Role
EVP/COO
Signature
John J. Kauchak, POA Jason Murray, Accounting Operations Supervisor/AVP
Issuer symbol
UNTY
Transactions as of
02 Mar 2023
Net transactions value
-$12,048
Form type
4
Filing time
14 Mar 2023, 14:30:30 UTC
Previous filing
09 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 $12,048 -495 -3.6% $24.34 13,375 12 Mar 2023 Direct F1, F2
holding UNTY Common Stock 59,702 02 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 02 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 495 shares were withheld @ $24.34 per share to cover tax liability on 1,000 restricted shares vesting.
F2 13,375 shares are held in an account at Computershare, which have upcoming vesting dates.
F3 58,229 shares are held in an account at Shareworks and 1,473 are held in an account at Computershare.
F4 63,000 stock options were granted under various dates and vesting periods of which 51,667 are currently exercisable.

Remarks:

Total Beneficial Ownership: 124,744