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

Role
Director
Signature
Mary E. Gross, POA Jason Murray, Accounting Operations Supervisor/AVP
Stock symbol
UNTY
Transactions as of
Nov 29, 2023
Transactions value $
-$26,537
Form type
4
Date filed
12/1/2023, 09:44 AM
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 Options Exercise $46.8K +2.67K +16.93% $17.55 18.4K Nov 29, 2023 Direct
transaction UNTY Common Stock Options Exercise -$73.3K -2.67K -14.48% $27.50 15.8K Nov 29, 2023 Direct F1
holding UNTY Restricted Stock 4.48K Nov 29, 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 -2.67K -15.88% $0.00 14.1K Nov 29, 2023 Common Stock 2.67K $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