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UNITY BANCORP INC /NJ/ Director's Dealing 2020

Dec 15, 2020

32788_dirs_2020-12-15_0dd4e93c-d6cd-4954-9ac5-f42ffba78e4b.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNITY BANCORP INC /NJ/ (UNTY)
CIK: 0000920427
Period of Report: 2020-12-11

Reporting Person: Kuras Adam (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-12-11 Restricted Stock A 500.00 $0.00 Acquired 1500.00 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-12-11 Stock Options (Right to buy) $18.64 A 2000.00 Acquired 2030-12-11 Common Stock (2000.00) Direct

Footnotes

F1: 500 restricted shares were granted on 12/11//2020 from the 2019 Equity Compensation Plan and vest over four years; vesting commences with 125 shares on 12/11/2021, 125 shares on12/11/2022, 125 shares on 12/11/2023, and 125 shares on 12/11/2024.

F2: 1,500 restricted shares are held in an account at Computershare, which have upcoming vesting dates.

F3: 2,000 stock options were granted on 12/11/2020 from the 2019 Equity Compensation Plan, of which none are currently exercisable.

F4: 33+% per year for 3 years beginning on 11-Dec-2020