Mark S. Brody - 27 Jan 2025 Form 4 Insider Report for UNITY BANCORP INC /NJ/ (UNTY)

Role
Director
Signature
Dr. Mark Brody, POA Amanda Roche, Finance Department Supervisor/VP
Issuer symbol
UNTY
Transactions as of
27 Jan 2025
Net transactions value
$0
Form type
4
Filing time
28 Jan 2025, 08:09:49 UTC
Previous filing
26 Nov 2024
Next filing
03 Feb 2025
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 +1,600 +51% $0.000000 4,750 27 Jan 2025 Direct F1, F2
holding UNTY Common Stock 71,802 27 Jan 2025 Direct F3
holding UNTY Common Stock 40,102 27 Jan 2025 Financial Planning Analysts
holding UNTY Common Stock 247,465 27 Jan 2025 Financial Planning Analysts Dispositive Shares F4

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) 20,000 27 Jan 2025 Common Stock Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1,600 restricted shares were granted on 1/27/2025 from the 2023 Equity Compensation Plan and vest over four years; vesting commences with 400 shares on 1/27/2026, 400 shares on 1/27/2027, 400 shares on 1/27/2028, and 400 shares on 1/27/2029.
F2 4,750 shares are held in an account at Computershare, which have upcoming vesting dates.
F3 A total of 71,802 shares are beneficially owned by Dr. Mark Brody; 33,592 are held jointly with his spouse, 13,436 are held at Fidelity, 24,654 are held in an account at Shareworks, and 120 are held in an account at Computershare.
F4 Shares held in a master account of Financial Planning Analysts over which Dr. Brody has no voting authority, but has dispositive power.
F5 20,000 stock options were granted under various dates and vesting periods of which all are currently exercisable.

Remarks:

Total Beneficial Ownership: 384,119