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: BRODY MARK S (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-04	Restricted Stock	A	1000.00	$0.00	Acquired	1675.00	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	82459.00	Direct
Common Stock	40102.00	Indirect
Common Stock	262289.00	Indirect

Footnotes

F1: 1,000 restricted shares were granted on 1/4/2021 from the 2019 Equity Compensation Plan and vest over four years; vesting commences with 250 shares on 1/4/2022, 250 shares on 1/4/2023, 250 shares on 1/4/2024, and 250 shares on 1/4/2025.

F2: 1,675 restricted shares are held in an account at Computershare, which have upcoming vesting dates.

F3: A total of 82,459 shares are beneficially owned by Dr. Brody; 48,400 are held jointly with his spouse, 13,000 are held in street name, 20,939 are held in an account at Shareworks, and 120 are held in an account at Computershare.

F4: Shares held in a master account of Financial Planning Analysts over which Dr. Brody has no voting authority, but has dispositive power.

F5: 4,000 stock options were granted on 1/4/2021 from the 2019 Equity Compensation Plan.

F6: 33+% per year for 3 years beginning on 1/4/2021.

F7: 22,800 stock options were granted under various dates and vesting periods of which 13,400 are currently exercisable.