George Boyan - 08 Mar 2024 Form 4 Insider Report for UNITY BANCORP INC /NJ/ (UNTY)

Role
Chief Financial Officer
Signature
George Boyan, POA Jason Murray, Accounting Operations Supervisor/AVP
Issuer symbol
UNTY
Transactions as of
08 Mar 2024
Net transactions value
$0
Form type
4
Filing time
12 Mar 2024, 15:40:25 UTC
Previous filing
09 May 2023
Next filing
22 Nov 2024
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 +12,000 +46% $0.000000 37,863 08 Mar 2024 Direct F1, F2, F3
holding UNTY Common Stock 11,811 08 Mar 2024 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 12,000 restricted shares were granted on 3/8/2024 from the 2023 Equity Compensation Plan and vest over 4 years; vesting commences with 3,000 shares on 3/8/2025, 3,000 shares on 3/8/2026, 3,000 shares on 3/8/2027, and 3,000 shares on 3/8/2028.
F2 37,000 restricted shares are held in an account at Computershare, which have upcoming vesting dates, 863 are dividend reinvested shares for a total of 37,863.
F3 Mr. Boyan aquires shares quarterly through the Bank's Dividend Reinvestment Plan.
F4 8,161 shares are held in an account at Shareworks, 3,650 shares are held in additional brokage accounts for a total of 11,811

Remarks:

Total Beneficial Ownership: 49,674