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UNITY BANCORP INC /NJ/ Director's Dealing 2023

Jun 15, 2023

32788_dirs_2023-06-15_290605e5-ca86-437b-8b95-e7b9e0d09c03.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: 2023-06-13

Reporting Person: Geraci Vincent (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-06-13 Common Stock M 200.00 $9.63 Acquired 2369.00 Direct
2023-06-13 Common Stock M 5000.00 $18.64 Acquired 7369.00 Direct
2023-06-13 Common Stock M 2000.00 $14.60 Acquired 9369.00 Direct
2023-06-13 Common Stock S 2000.00 $23.3395 Disposed 7369.00 Direct
2023-06-13 Common Stock S 5000.00 $23.7659 Disposed 2369.00 Direct
2023-06-13 Common Stock S 200.00 $23.6756 Disposed 2169.00 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-06-13 Stock Option (Right to Buy) $18.64 M 5000.00 Disposed 2030-12-11 Common Stock (5000.00) Direct
2023-06-13 Stock Option (Right to Buy) $14.60 M 2000.00 Disposed 2026-12-15 Common Stock (2000.00) Direct
2023-06-13 Stock Option (Right to Buy) $9.63 M 200.00 Disposed 2025-12-16 Common Stock (200.00) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Restricted Stock 6592.00 Direct

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $23.22 USD to $23.63 USD; the price reported above reflects the weighted average sale price.

F2: This transaction was executed in multiple trades at prices ranging from $23.59 USD to $24.03 USD; the price reported above reflects the weighted average sale price.

F3: This transaction was executed in multiple trades at prices ranging from $23.63 USD to $23.75 USD; the price reported above reflects the weighted average sale price.

F4: 6,562 restricted shares are held in an account at Computershare, which have upcoming vesting dates.

F5: Vests 2,500 share(s) on 11-Dec-2021, 2,500 share(s) on 11-Dec-2022, 2,500 share(s) on 11-Dec-2023

F6: Vests 1,667 share(s) on 15-Dec-2017, 1,666 share(s) on 15-Dec-2018, 1,667 share(s) on 15-Dec-2019

F7: Vests 1,834 share(s) on 16-Dec-2016, 1,833 share(s) on 16-Dec-2017, 1,833 share(s) on 16-Dec-2018

F8: 2,500 stock options become exercisable on 11-Dec-2023