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UNITY BANCORP INC /NJ/ Director's Dealing 2021

Dec 14, 2021

32788_dirs_2021-12-14_ad03a912-84ca-4adb-989c-9a3a0ac1b67c.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: Geraci Vincent (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-12-10 Restricted Stock F 136.00 $26.08 Disposed 3000.00 Direct
2021-12-10 Restricted Stock A 3250.00 $26.08 Acquired 6250.00 Direct
2021-12-13 Restricted Stock F 136.00 $25.98 Disposed 5875.00 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 717.00 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Options (Right to buy) $ Common Stock () 32200.00 Direct

Footnotes

F1: 136 shares were withheld @ $26.08 per share to cover tax liability on 375 restricted shares vested.

F2: 3,250 restricted shares were granted on 12/10/2021 from the 2019 Equity Compensation Plan and vest over four years; vesting commences with 813 shares on 12/10/2022, 813 shares on 12/10/2023, 812 shares on 12/10/2024, and 812 shares on 12/10/2025.

F3: 136 shares were withheld @ $25.98 per share to cover tax liability on 375 restricted shares vested.

F4: 717 shares are held in an account at Shareworks.

F5: 32,200 stock options were granted under various dates and vesting periods of which 24,700 are currently exercisable.