UNITY BANCORP INC /NJ/ — Director's Dealing 2021

Jan 6, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNITY BANCORP INC /NJ/ (UNTY)
CIK: 0000920427
Period of Report: 2021-01-04

Reporting Person: Maricondo Peter E (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-04	Restricted Stock	A	1200.00	$0.00	Acquired	1875.00	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-01-04	Stock Options (Right to buy)	$17.55	A	4000.00	Acquired	2031-01-04	Common Stock (4000.00)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	36198.00	Direct

Footnotes

F1: 1,200 restricted shares were granted on 1/4/2021 from the 2019 Equity Compensation Plan and vest over four years; vesting commences with 300 shares on 1/4/2022, 300 shares on 1/4/2023, 300 shares on 1/4/2024, and 300 shares on 1/4/2025.

F2: 1,875 restricted shares are held in an account at Computershare, which have upcoming vesting dates.

F3: 34,068 shares are held in an account at Shareworks, and 2,130 shares are held in a brokerage account.

F4: 4,000 stock options were granted on 1/4/2021 from the 2019 Equity Compensation Plan.

F5: 33+% per year for 3 years beginning on 1/4/2021.

F6: 22,800 stock options were granted under various dates and vesting periods of which 13,400 are currently exercisable.