David G. Bove - 13 Dec 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
Issuer symbol
UNTY
Transactions as of
13 Dec 2024
Net transactions value
-$72,578
Form type
4
Filing time
16 Dec 2024, 07:47:12 UTC
Previous filing
11 Dec 2024
Next filing
03 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 $49,375 +2,500 +38% $19.75 9,004 13 Dec 2024 Direct
transaction UNTY Common Stock Options Exercise $73,000 +5,000 +56% $14.60 14,004 13 Dec 2024 Direct
transaction UNTY Common Stock Sale $194,953 -4,167 -30% $46.78 9,837 13 Dec 2024 Direct F1
holding UNTY Restricted Stock 3,525 13 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 -2,500 -12% $0.000000 18,000 13 Dec 2024 Common Stock 2,500 $19.75 Direct F3
transaction UNTY Stock Option (Right to Buy) Options Exercise $0 -5,000 -28% $0.000000 13,000 13 Dec 2024 Common Stock 5,000 $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