John J. Kauchak - Mar 25, 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
Stock symbol
UNTY
Transactions as of
Mar 25, 2023
Transactions value $
-$12,112
Form type
4
Date filed
3/28/2023, 10:06 AM
Previous filing
Mar 21, 2023
Next filing
May 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNTY Restricted Stock Tax liability -$12.1K -528 -5.4% $22.94 9.25K Mar 25, 2023 Direct F1, F2
holding UNTY Common Stock 61.8K Mar 25, 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) 63K Mar 25, 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 528 shares were withheld @ $22.94 per share to cover tax liability on 1,125 restricted shares vesting.
F2 9,250 restricted shares are held in an account at Computershare, which have upcoming vesting dates.
F3 60,351 shares are held in an account at Shareworks and 1,473 certificated shares are held in an account at Computershare.
F4 63,000 stock options were granted under various dates and vesting periods of which 59,000 are currently exercisable.

Remarks:

Total Beneficial Ownership: 130,074