Wayne Courtright - 04 Dec 2024 Form 4 Insider Report for UNITY BANCORP INC /NJ/ (UNTY)

Role
Director
Signature
Wayne Courtright, POA Amanda Roche, Finance Department Supervisor/VP
Issuer symbol
UNTY
Transactions as of
04 Dec 2024
Net transactions value
+$73,388
Form type
4
Filing time
05 Dec 2024, 16:06:35 UTC
Previous filing
04 Jan 2024
Next filing
28 Jan 2025
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 $25,120 +1,600 +1.5% $15.70 110,421 04 Dec 2024 Direct
transaction UNTY Common Stock Options Exercise $48,268 +4,400 +4% $10.97 114,821 04 Dec 2024 Direct F1
holding UNTY Restricted Stock 5,250 04 Dec 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 -1,600 -7% $0.000000 21,200 04 Dec 2024 Common Stock 1,600 $15.70 Direct F3
transaction UNTY Stock Option (Right to Buy) Options Exercise $0 -4,400 -21% $0.000000 16,800 04 Dec 2024 Common Stock 4,400 $10.97 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 114,821 shares consisting of 7,425 shares held in an account at Shareworks, 62,396 shares held in a brokerage account, and 45,000 shares held in a retirement account.
F2 5,250 shares are held in an account at Computershare, which have upcoming vesting dates.
F3 Vested 534 share(s) on 03-Jan-2018, 533 share(s) on 03-Jan-2019, 533 share(s) on 03-Jan-2020.
F4 Vested 1,467 share(s) on 05-Jan-2017, 1,466 share(s) on 05-Jan-2018, 1,467 share(s) on 05-Jan-2019.
F5 16,800 stock options were granted under various dates and vesting periods of which all are currently exercisable.

Remarks:

Total Beneficial Ownership: 136,871