David Bove - Dec 13, 2024 Form 4 Insider Report for UNITY BANCORP INC /NJ/ (UNTY)

Role
Chief Technology Officer/SVP
Signature
David Bove, POA Amanda Roche, Finance Department Supervisor/VP
Stock symbol
UNTY
Transactions as of
Dec 13, 2024
Transactions value $
-$72,578
Form type
4
Date filed
12/16/2024, 07:47 AM
Previous filing
Dec 11, 2024
Next filing
Jan 3, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNTY Common Stock Options Exercise $49.4K +2.5K +38.44% $19.75 9K Dec 13, 2024 Direct
transaction UNTY Common Stock Options Exercise $73K +5K +55.53% $14.60 14K Dec 13, 2024 Direct
transaction UNTY Common Stock Sale -$195K -4.17K -29.76% $46.79 9.84K Dec 13, 2024 Direct F1
holding UNTY Restricted Stock 3.53K Dec 13, 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 -2.5K -12.2% $0.00 18K Dec 13, 2024 Common Stock 2.5K $19.75 Direct F3
transaction UNTY Stock Option (Right to Buy) Options Exercise $0 -5K -27.78% $0.00 13K Dec 13, 2024 Common Stock 5K $14.60 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 9,837 shares held in an account at Shareworks.
F2 3,525 shares are held in an account at Computershare, which have upcoming vesting dates.
F3 Vested 834 share(s) on 02-Jan-2019, 833 share(s) on 02-Jan-2020, 833 share(s) on 02-Jan-2021.
F4 Vested 1,667 share(s) on 15-Dec-2017, 1,666 share(s) on 15-Dec-2018, 1,667 share(s) on 15-Dec-2019.
F5 13,000 stock options were granted under various dates and vesting periods of which all are currently exercisable.

Remarks:

Total Beneficial Ownership: 26,362