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UNITY BANCORP INC /NJ/ Director's Dealing 2022

Dec 13, 2022

32788_dirs_2022-12-13_919db5b1-2b43-4ffa-ae2f-5f0ce6ba4c9f.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: 2022-12-09

Reporting Person: Geraci Vincent (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-12-09 Restricted Shares A 3000.00 $0.00 Acquired 8125.00 Direct
2022-12-12 Restricted Shares F 566.00 $27.37 Disposed 6562.00 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 2169.00 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Options (Right to buy) $ Common Stock () 25200.00 Direct

Footnotes

F1: 3,000 restricted shares were granted on 12/09/2022 from the 2019 Equity Compensation Plan and vest over four years; vesting commences with 750 shares on 12/09/2023, 750 shares on 12/09/2024, 750 shares on 12/09/2025, and 750 shares on 12/09/2026.

F2: 566 shares were withheld @ $27.37 per share to cover tax liability on 1,563 restricted stock vesting.

F3: 2,169 shares are held in an account at Shareworks.

F4: 25,200 stock options were granted under various dates and vesting periods of which 22,700 are currently exercisable.