Mary E. Gross - Jan 29, 2024 Form 4 Insider Report for UNITY BANCORP INC /NJ/ (UNTY)

Role
Director
Signature
Mary E. Gross, POA Jason Murray, Accounting Operations Supervisor/AVP
Stock symbol
UNTY
Transactions as of
Jan 29, 2024
Transactions value $
-$16,719
Form type
4
Date filed
1/31/2024, 04:01 PM
Previous filing
Jan 29, 2024
Next filing
Jul 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNTY Common Stock Options Exercise $23.4K +1.33K +7.76% $17.55 18.5K Jan 29, 2024 Direct
transaction UNTY Common Stock Sale -$40K -1.33K -7.2% $30.00 17.2K Jan 29, 2024 Direct
transaction UNTY Common Stock Options Exercise $206 +11 +0.06% $18.77 17.2K Jan 29, 2024 Direct
transaction UNTY Common Stock Sale -$330 -11 -0.06% $30.00 17.2K Jan 29, 2024 Direct F1
holding UNTY Restricted Stock 5.25K Jan 29, 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% $0.00 11.1K Jan 29, 2024 Common Stock 11 $18.77 Direct F3
transaction UNTY Stock Option (Right to Buy) Options Exercise $0 -1.33K -11.97% $0.00 9.8K Jan 29, 2024 Common Stock 1.33K $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