Vincent Geraci - 23 Jan 2024 Form 4 Insider Report for UNITY BANCORP INC /NJ/ (UNTY)

Role
Director Mortgage Lending/SVP
Signature
Vincent Geraci, POA Jason Murray, Accounting Operations Supervisor/AVP
Issuer symbol
UNTY
Transactions as of
23 Jan 2024
Net transactions value
-$28,736
Form type
4
Filing time
25 Jan 2024, 15:16:51 UTC
Previous filing
03 Jan 2024
Next filing
03 May 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 $46,600 +2,500 +69% $18.64 6,143 23 Jan 2024 Direct
transaction UNTY Common Stock Sale $75,336 -2,500 -41% $30.13 3,643 23 Jan 2024 Direct F1
holding UNTY Restricted Shares 8,250 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 -2,500 -100% $0.000000* 0 23 Jan 2024 Common Stock 2,500 $18.64 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 3,643 shares are held in an account at Shareworks.
F2 8,250 shares are held in an account at Computershare, which have upcoming vesting dates.
F3 Vests 2,500 share(s) on 11-Dec-2021, 2,500 share(s) on 11-Dec-2022, 2,500 share(s) on 11-Dec-2023.
F4 All granted and exercisable stock options have been fully exhausted.

Remarks:

Total Beneficial Ownership: 11,893