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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.
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