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UNITY BANCORP INC /NJ/ Director's Dealing 2023

May 9, 2023

32788_dirs_2023-05-09_5c2ceb9a-6485-42a7-b0ef-68c166a8d72d.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: 2023-05-05

Reporting Person: Boyan George (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-05-05 Restricted Stock A 11000.00 $0.00 Acquired 25498.00 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 11695.00 Direct

Footnotes

F1: 11,000 restricted shares were granted on 5/5/2023 from the 2019 Equity Compensation Plan and vest over 3.86 years; vesting commences with 2,750 shares on 5/5/2024, 2,750 shares on 3/15/2025, 2,750 shares on 3/15/2026, and 2,750 shares on 3/15/2027.

F2: 25,000 restricted shares are held in an account at Computershare, which have upcoming vesting dates, 498 are dividend reinvested shares for a total of 25,498.

F3: Mr. Boyan aquires shares quarterly through the Bank's Dividend Reinvestment Plan.

F4: 8,045 shares are held in an account at Shareworks, 3,650 shares are held in additional brokage accounts for a total of 11,695