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

Role
Director, 10%+ Owner
Signature
Robert H. Dallas, II, 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, 02:45 PM
Previous filing
Jan 5, 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 23.5K Apr 26, 2023 Direct
holding UNTY Restricted Stock 4.7K Apr 26, 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) 17.3K Apr 26, 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 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 4,000 shares are held in an account at Computershare, which have upcoming vesting dates. 695 shares are dividend reinvested shares for a total of 4,695 shares.
F4 17,300 stock options were granted under various dates and vesting periods of which 15,967 are currently exercisable.

Remarks:

Total Beneficial Ownership: 1,811,739