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UNITY BANCORP INC /NJ/ — Director's Dealing 2022
Mar 16, 2022
32788_dirs_2022-03-16_1c823a3c-ddd1-4f45-97eb-0d884168a703.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: 2022-03-14
Reporting Person: Bolomey Janice (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-03-14 | Restricted Stock | F | 424.00 | $27.80 | Disposed | 8500.00 | Direct |
| 2022-03-16 | Restricted Stock | F | 424.00 | $28.18 | Disposed | 7500.00 | Direct |
| 2022-03-16 | Restricted Stock | A | 8000.00 | $0.00 | Acquired | 15500.00 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 27017.00 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Options (Right to buy) | $ | Common Stock () | 74000.00 | Direct |
Footnotes
F1: 424 shares were withheld @ 27.80 per share to cover tax liability on 1,000 restricted shares vested.
F2: 424 shares were withheld @ $28.18 per share to cover tax liability on 1,000 restricted shares vested.
F3: 8,000 restricted shares were granted on 3/16/2022 from the 2019 Equity Compensation Plan and vest over four years; vesting commences with 2,000 shares on 3/16/2023, 2,000 shares on 3/16/2024, 2,000 shares on 3/16/2025, and 2,000 shares on 3/16/2026.
F4: 15,500 Shares are held in an account at Computershare, which have upcoming vesting dates.
F5: 27,017 shares are held in an account at Shareworks.
F6: 74,000 stock options were granted under various dates and vesting periods of which 58,667 are currently exercisable.