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UNITY BANCORP INC /NJ/ Director's Dealing 2021

Dec 14, 2021

32788_dirs_2021-12-14_590540ae-64f3-4ed0-bd89-7ca388035284.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: 2021-12-10

Reporting Person: Cook Laureen (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-12-10 Restricted Stock F 102.00 $26.08 Disposed 2000.00 Direct
2021-12-10 Restricted Stock A 1900.00 $26.08 Acquired 3900.00 Direct
2021-12-13 Restricted Stock F 102.00 $25.98 Disposed 3650.00 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 19995.00 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Options (Right to buy) $ Common Stock () 18000.00 Direct

Footnotes

F1: 102 shares were withheld @ $26.08 per share to cover tax liability on 250 restricted shares vested.

F2: 1,900 restricted shares were granted on 12/10/2021 from the 2019 Equity Compensation Plan and vest over four years; vesting commences with 475 shares on 12/10/2022, 475 shares on 12/10/2023, 475 shares on 12/10/2024, and 475 shares on 12/10/2025.

F3: 102 shares were withheld @ 25.98 per share to cover tax liability on 250 restricted shares vested.

F4: 3,650 shares are held in an account at Computershare, which have upcoming vesting dates.

F5: 16,954 shares are held jointly with her spouse in a brokerage account, 444 shares are held in an account at Shareworks, and 2,597 shares are held in a 401K.

F6: 18,000 stock options were granted under various dates and vesting periods of which 14,001 are currently exercisable.