Robert H. Dallas II - 02 Jan 2024 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
Issuer symbol
UNTY
Transactions as of
02 Jan 2024
Net transactions value
$0
Form type
4
Filing time
04 Jan 2024, 13:40:16 UTC
Previous filing
28 Apr 2023
Next filing
28 Jan 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNTY Restricted Stock Award $0 +2,200 +63% $0.000000 5,712 02 Jan 2024 Direct F1, F2
holding UNTY Common Stock 25,089 02 Jan 2024 Direct F3
holding UNTY Common Stock 1,770,262 02 Jan 2024 Dallas Financial Holdings, LLC F4

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) 17,300 02 Jan 2024 Common Stock Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 2,200 restricted shares were granted on 1/2/2024 from the 2023 Equity Compensation Plan and vest over four years; vesting commences with 550 shares on 1/2/2025, 550 shares on 1/2/2026, 550 shares on 1/2/2027, and 550 shares on 1/2/2028.
F2 4,950 shares are held in an account at Computershare, which have upcoming vesting dates. 762 shares are dividend reinvested shares for a total of 5,712.
F3 25,089 shares are held in an account at Shareworks of which dividends are reinvested quarterly.
F4 189,952 shares are held in an account at Computershare, 1,580,310 shares are held in a brokerage account totaling 1,770,262.
F5 17,300 stock options were granted under various dates and vesting periods of which all are currently exercisable.

Remarks:

Total Beneficial Ownership: 1,818,363