Janice Bolomey - 16 Mar 2023 Form 4 Insider Report for UNITY BANCORP INC /NJ/ (UNTY)

Role
CAO/EVP
Signature
Janice Bolomey, POA Jason Murray, Accounting Operations Supervisor/AVP
Issuer symbol
UNTY
Transactions as of
16 Mar 2023
Net transactions value
-$33,147
Form type
4
Filing time
21 Mar 2023, 10:56:00 UTC
Previous filing
14 Mar 2023
Next filing
28 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNTY Restricted Stock Tax liability $11,057 -477 -3.7% $23.18 12,375 16 Mar 2023 Direct F1
transaction UNTY Restricted Stock Tax liability $22,091 -953 -8.4% $23.18 10,375 16 Mar 2023 Direct F2, F4
holding UNTY Common Stock 29,755 16 Mar 2023 Direct F3

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 63,000 16 Mar 2023 Common Stock Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 477 shares were withheld @ $23.18 per share to cover tax liability on 1,000 restricted shares vesting.
F2 953 shares were withheld @ $23.18 per share to cover tax liability on 2,000 restricted shares vesting.
F3 29,755 shares are held in an account at Shareworks.
F4 10,375 restricted shares are held in an account at Computershare, which have upcoming vesting dates.
F5 63,000 stock options were granted under various dates and vesting periods of which 55,000 are currently exercisable.

Remarks:

Total Beneficial Ownership: 95,130