James J. Donovan - Jan 2, 2024 Form 4 Insider Report for UNITY BANCORP INC /NJ/ (UNTY)

Role
Chief Lending Officer/SVP
Signature
James J. Donovan, POA Jason Murray, Accounting Operations Supervisor/AVP
Stock symbol
UNTY
Transactions as of
Jan 2, 2024
Transactions value $
$0
Form type
4
Date filed
1/3/2024, 02:51 PM
Previous filing
May 19, 2023
Next filing
Jul 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNTY Restricted Stock Award $0 +2.5K +111.11% $0.00 4.75K Jan 2, 2024 Direct F1, F2
holding UNTY Common Stock 666 Jan 2, 2024 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 2,500 restricted shares were granted on 01/02/2024 from the 2023 Equity Compensation Plan and vest over four years; vesting commences with 625 shares on 01/02/2025, 625 shares on 01/02/2026, 625 shares on 01/02/2027, and 625 shares on 01/02/2028.
F2 4,750 restricted shares are held in an account at Computershare, which have upcoming vesting dates.
F3 666 shares are held in an account at Shareworks.

Remarks:

Total Beneficial Ownership: 5,416