Mary E. Gross - 29 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
29 Jan 2024
Net transactions value
-$16,719
Form type
4
Filing time
31 Jan 2024, 16:01:19 UTC
Previous filing
29 Jan 2024
Next filing
18 Jul 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 $23,394 +1,333 +7.8% $17.55 18,509 29 Jan 2024 Direct
transaction UNTY Common Stock Sale $39,990 -1,333 -7.2% $30.00 17,176 29 Jan 2024 Direct
transaction UNTY Common Stock Options Exercise $206 +11 +0.06% $18.77 17,187 29 Jan 2024 Direct
transaction UNTY Common Stock Sale $330 -11 -0.06% $30.00 17,176 29 Jan 2024 Direct F1
holding UNTY Restricted Stock 5,250 29 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 -11 -0.1% $0.000000 11,133 29 Jan 2024 Common Stock 11 $18.77 Direct F3
transaction UNTY Stock Option (Right to Buy) Options Exercise $0 -1,333 -12% $0.000000 9,800 29 Jan 2024 Common Stock 1,333 $17.55 Direct F4, F5
* 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 Vested 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 Vested 1,334 share(s) on 04-Jan-2022, 1,333 share(s) on 04-Jan-2023, 1,333 share(s) on 04-Jan-2024.
F5 9,800 stock options were granted under various dates and vesting periods of which all are currently exercisable.

Remarks:

Total Beneficial Ownership: 32,226