David D. Dallas - Jan 27, 2025 Form 4 Insider Report for UNITY BANCORP INC /NJ/ (UNTY)

Role
Director, Chairman of the Board, 10%+ Owner
Signature
David D. Dallas, POA Amanda Roche, Finance Department Supervisor/VP
Stock symbol
UNTY
Transactions as of
Jan 27, 2025
Transactions value $
$0
Form type
4
Date filed
1/28/2025, 08:10 AM
Previous filing
Jan 4, 2024

Transactions Table

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) 17.3K Jan 27, 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 4,875 shares are held in an account at Computershare, which have upcoming vesting dates. 906 shares are dividend reinvested shares for a total of 5,781.
F3 28,476 shares are held in an account at Shareworks of which dividends are reinvested quarterly. An additional 10,000 shares are held in a separate brokerage account.
F4 193,086 shares are held in an account at Computershare, 1,580,310 shares are held in a brokerage account totaling 1,773,396.
F5 17,333 stock options were granted under various dates and vesting periods of which all are currently exercisable.

Remarks:

Total Beneficial Ownership: 1,834,986