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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.