Mary E. Gross - 29 Nov 2023 Form 4 Insider Report for UNITY BANCORP INC /NJ/ (UNTY)

Role
Director
Signature
Mary E. Gross, POA Jason Murray, Accounting Operations Supervisor/AVP
Issuer symbol
UNTY
Transactions as of
29 Nov 2023
Net transactions value
-$26,537
Form type
4
Filing time
01 Dec 2023, 09:44:54 UTC
Previous filing
05 Jan 2023
Next filing
04 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNTY Common Stock Options Exercise $46,806 +2,667 +17% $17.55 18,418 29 Nov 2023 Direct
transaction UNTY Common Stock Options Exercise $73,342 -2,667 -14% $27.50 15,751 29 Nov 2023 Direct F1
holding UNTY Restricted Stock 4,475 29 Nov 2023 Direct F2

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
transaction UNTY Stock Option (Right to Buy) Options Exercise $0 -2,667 -16% $0.000000 14,133 29 Nov 2023 Common Stock 2,667 $17.55 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 15,751 shares consisting of 14,662 shares held in an account at Shareworks, and 1,089 shares are held in a brokerage account
F2 4,475 shares are held in an account at Computershare, which have upcoming vesting dates.
F3 Vests 1,334 share(s) on 4-Jan-2022, 1,333 share(s) on 4-Jan-2023, 1,333 share(s) on 4-Jan-2024.
F4 14,133 stock options were granted under various dates and vesting periods of which 12,800 are currently exercisable.

Remarks:

Total Beneficial Ownership: 33,026