Mary E. Gross - 23 Jan 2024 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
23 Jan 2024
Net transactions value
-$33,794
Form type
4
Filing time
25 Jan 2024, 15:10:47 UTC
Previous filing
04 Jan 2024
Next filing
29 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 $54,076 +2,881 +17% $18.77 20,057 23 Jan 2024 Direct
transaction UNTY Common Stock Sale $87,870 -2,881 -14% $30.50 17,176 23 Jan 2024 Direct F1
holding UNTY Restricted Stock 5,250 23 Jan 2024 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 -2,881 -20% $0.000000 11,252 23 Jan 2024 Common Stock 2,881 $18.77 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 17,176 shares consisting of 16,087 shares held in an account at Shareworks, and 1,089 shares are held in a brokerage account
F2 5,250 shares are held in an account at Computershare, which have upcoming vesting dates.
F3 Vests 1,000 share(s) on 21-Dec-2019, 1,000 share(s) on 21-Dec-2020, 1,000 share(s) on 21-Dec-2021.
F4 11,252 stock options were granted under various dates and vesting periods of which all are currently exercisable.

Remarks:

Total Beneficial Ownership: 33,678