David D. Dallas - Apr 26, 2023 Form 4 Insider Report for UNITY BANCORP INC /NJ/ (UNTY)

Role
Director, Chairman of the Board, 10%+ Owner
Signature
David D. Dallas, POA Jason Murray, Accounting Operations Supervisor/AVP
Stock symbol
UNTY
Transactions as of
Apr 26, 2023
Transactions value $
$454,396
Form type
4
Date filed
4/28/2023, 11:57 AM
Previous filing
Mar 14, 2023
Next filing
Jan 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNTY Common Stock Purchase $454K +20K +1.14% $22.72 1.77M Apr 26, 2023 Dallas Financial Holdings, LLC F1, F2
holding UNTY Common Stock 34.3K Apr 26, 2023 Direct F3
holding UNTY Restricted Stock 5.21K Apr 26, 2023 Direct F4

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) 17.3K Apr 26, 2023 Common Stock Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a Weighted Average Price. These shares were purchased in multiple transactions at prices ranging from $22.4995 to $22.8944 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.
F2 187,268 shares are held in an account at Computershare, 1,580,310 shares are held in a brokerage account for a total of 1,767,578 shares.
F3 24,295 shares are held in an account at Shareworks, 10,000 shares are held in a seperate brokerage account for a total of 34,295 shares.
F4 4,475 shares are held in an account at Computershare, which have upcoming vesting dates. 731 shares are dividend reinvested shares for a total of 5,206 shares.
F5 17,333 stock options were granted under various dates and vesting periods of which 16,000 are currently exercisable.

Remarks:

Total Beneficial Ownership: 1,823,080