James A. Hughes - Mar 25, 2024 Form 4 Insider Report for UNITY BANCORP INC /NJ/ (UNTY)

Role
President/CEO, Director
Signature
James A. Hughes, POA Jason Murray, Accounting Operations Supervisor, AVP
Stock symbol
UNTY
Transactions as of
Mar 25, 2024
Transactions value $
-$28,995
Form type
4
Date filed
3/25/2024, 04:01 PM
Previous filing
Mar 19, 2024
Next filing
May 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNTY Restricted Stock Tax liability -$29K -1.01K -1.9% $28.68 52.3K Mar 25, 2024 Direct F1, F2
holding UNTY Common Stock 145K Mar 25, 2024 Direct F3

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
holding UNTY Stock Options (Right to buy) 111K Mar 25, 2024 Common Stock Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1,011 shares were withheld @ $28.68 per share to cover tax liability on 2,500 restricted stock vesting.
F2 51,500 restricted shares are held in an account at Computershare, which have upcoming vesting dates. 824 shares are dividend reinvested shares for a total of 52,324.
F3 144,798 shares consisting of 117,004 shares held in an account at Shareworks, 6,085 shares held in an account at Computershare, 12,327 shares held in street name, and 9,382 shares are held in a 401K plan.
F4 111,000 stock options were granted under various dates and vesting periods of which all are currently exercisable.

Remarks:

Total Beneficial Ownership: 308,122