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UNITY BANCORP INC /NJ/ — Director's Dealing 2023
May 9, 2023
32788_dirs_2023-05-09_ce2bfe7a-d727-40d3-9481-1a629f4df90a.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: KAUCHAK JOHN J (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-05-05 | Restricted Stock | A | 8500.00 | $0.00 | Acquired | 17750.00 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 61824.00 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Options (Right to buy) | $ | Common Stock () | 63000.00 | Direct |
Footnotes
F1: 8,500 restricted shares were granted on 5/5/2023 from the 2019 Equity Compensation Plan and vest over 3.86 years; vesting commences with 2,125 shares on 5/5/2024, 2,125 shares on 3/15/2025, 2,125 shares on 3/15/2026, and 2,125 shares on 3/15/2027.
F2: 17,750 shares are held in an account at Computershare, which have upcoming vesting dates.
F3: 60,351 shares are held in an account at Shareworks and 1,473 are held in an account at Computershare for a total of 61,824.
F4: 63,000 stock options were granted under various dates and vesting periods of which 59,000 are currently exercisable.