Mary E. Gross - 28 Jan 2025 Form 4 Insider Report for UNITY BANCORP INC /NJ/ (UNTY)

Role
Director
Signature
Mary E. Gross, POA Amanda Roche, Finance Department Supervisor/VP
Issuer symbol
UNTY
Transactions as of
28 Jan 2025
Net transactions value
-$84,051
Form type
4
Filing time
29 Jan 2025, 08:30:13 UTC
Previous filing
28 Jan 2025
Next filing
15 Dec 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNTY Common Stock Options Exercise $74,481 +3,300 +18% $22.57 21,779 28 Jan 2025 Direct
transaction UNTY Common Stock Sale $158,532 -3,300 -15% $48.04 18,479 28 Jan 2025 Direct F1
holding UNTY Restricted Stock 4,875 28 Jan 2025 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 -3,300 -50% $0.000000 3,300 28 Jan 2025 Common Stock 3,300 $22.57 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 18,479 shares consisting of 17,390 shares held in an account at Shareworks, and 1,089 shares are held in a brokerage account
F2 4,875 shares are held in an account at Computershare, which have upcoming vesting dates.
F3 Vested 2,200 share(s) on 02-Jan-2021, 2,200 share(s) on 02-Jan-2022, 2,200 share(s) on 02-Jan-2023.
F4 3,300 stock options were granted under various dates and vesting periods of which all are currently exercisable.

Remarks:

Total Beneficial Ownership: 26,654