UNITY BANCORP INC /NJ/ — Director's Dealing 2020

Dec 15, 2020

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: Cook Laureen (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-11	Restricted Stock	A	1000.00	$0.00	Acquired	3050.00	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-11	Stock Option (Right to Buy)	$18.64	A	4000.00	Acquired	2030-12-11	Common Stock (4000.00)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	17262.00	Direct

Footnotes

F1: 1,000 restricted shares were granted on 12/11/2020 from the 2019 Equity Compensation Plan and vest over four years; vesting commences with 250 shares on 12/11/2021, 250 shares on 12/11/2022, 250 shares on 12/11/2023, and 250 shares on 12/11/2024.

F2: 3,050 restricted shares are held in an account at Computershare, which have upcoming vesting dates.

F3: A total of 17,262 shares are beneficially owned by Ms. Cook; 8,043 shares are held in an account at Shareworks, 6,615 shares are held jointly with her spouse, and 2,604 shares are held in a 401K.

F4: 4,000 stock options were granted on 12/11/2020 from the 2019 Equity Compensation Plan.

F5: 33+% per year for 3 years beginning on 11-Dec-2020

F6: 34,000 stock options were granted under various dates and vesting periods of which 24,001 are currently exercisable.