UNITY BANCORP INC /NJ/ — Director's Dealing 2022

Mar 16, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNITY BANCORP INC /NJ/ (UNTY)
CIK: 0000920427
Period of Report: 2022-03-14

Reporting Person: HUGHES JAMES A (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-03-14	Restricted Stock	F	1003.00	$27.80	Disposed	29574.00	Direct
2022-03-16	Restricted Stock	F	607.00	$28.18	Disposed	28074.00	Direct
2022-03-16	Restricted Stock	A	18000.00	$0.00	Acquired	46074.00	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	118542.00	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options (Right to buy)	$		Common Stock ()	122000.00	Direct

Footnotes

F1: 1,003 shares were withheld @ $27.80 per share to cover tax liability on 2,500 restricted shares vested.

F2: 607 shares were withheld @ $28.18 per share to cover tax liability on 1,500 restricted shares vested.

F3: 18,000 restricted shares were granted on 3/16/2022 from the 2019 Equity Compensation Plan and vest over four years; vesting commences with 4,500 shares on 3/16/2023, 4,500 shares on 3/16/2024, 4,500 shares on 3/16/2025, and 4,500 shares on 3/16/2026.

F4: 45,250 shares are held in an account at Computershare, which have upcoming vesting dates, 824 are dividend reinvested shares for a total of 46,074.

F5: 90,748 shares are held in an account at Shareworks, 6,085 are held in an account at Computershare, 12,327 shares are held in additional brokerage accounts, and 9,382 are held in a 401(K) for a total of 118,542.

F6: 122,000 stock options were granted under various dates and vesting periods of which 92,000 are currently exercisable.