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UNITY BANCORP INC /NJ/ — Director's Dealing 2023
Mar 21, 2023
32788_dirs_2023-03-21_870615cd-fd10-4fe8-907a-de0ecd4520b8.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: 2023-03-16
Reporting Person: HUGHES JAMES A (Director, President/CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-03-16 | Restricted Stock | F | 607 | $23.18 | Disposed | 35699 | Direct |
| 2023-03-16 | Restricted Stock | F | 1818 | $23.18 | Disposed | 31199 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 128088 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Options (Right to buy) | $ | Common Stock () | 120600 | Direct |
Footnotes
F1: 607 shares were withheld @ $23.18 per share to cover tax liability on 1,500 restricted stock vesting.
F2: 1,818 shares were withheld @ $23.18 per share to cover tax liability on 4,500 restricted stock vesting.
F3: 30,375 shares are held in an account at Computershare, which have upcoming vesting dates. 824 shares are dividend reinvested shares for a total of 31,199.
F4: 128,088 shares consisting of 100,294 shares held in an account at Shareworks, 6,085 shares held in an account at Computershare, 12,327 shares held in a brokerage account, and 9,382 shares are held in a 401K plan.
F5: 120,600 stock options were granted under various dates and vesting periods of which 103,934 are currently exercisable.