Minsu Kim - 02 Jan 2024 Form 4 Insider Report for UNITY BANCORP INC /NJ/ (UNTY)

Role
Chief Credit Officer/SVP
Signature
Minsu Kim, POA Jason Murray, Accounting Operations Supervisor/AVP
Issuer symbol
UNTY
Transactions as of
02 Jan 2024
Net transactions value
$0
Form type
4
Filing time
03 Jan 2024, 16:55:50 UTC
Previous filing
12 Dec 2023
Next filing
25 Jul 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNTY Restricted Shares Award $0 +2,000 +103% $0.000000 3,937 02 Jan 2024 Direct F1, F2
holding UNTY Common Stock 922 02 Jan 2024 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) 1,333 02 Jan 2024 Common Stock Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 2,000 restricted shares were granted on 01/02/2024 from the 2023 Equity Compensation Plan and vest over four years; vesting commences with 500 shares on 01/02/2025, 500 shares on 01/02/2026, 500 shares on 01/02/2027, and 500 shares on 01/02/2028.
F2 3,937 restricted shares are held in an account at Computershare, which have upcoming vesting dates.
F3 922 shares are held in an account at Shareworks.
F4 1,333 stock options were granted under various dates and vesting periods all of which are currently exercisable.

Remarks:

Total Beneficial Ownership: 6,192