John J. Kauchak - Jul 30, 2021 Form 4 Insider Report for UNITY BANCORP INC /NJ/ (UNTY)

Role
EVP/COO
Signature
John J. Kauchak, POA Laurie Cook, Chief Accounting Officer/SVP
Stock symbol
UNTY
Transactions as of
Jul 30, 2021
Transactions value $
-$149,597
Form type
4
Date filed
8/3/2021, 02:56 PM
Previous filing
Jun 4, 2021
Next filing
Feb 16, 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNTY Common Stock Options Exercise $34.5K +6.3K +11.08% $5.48* 63.2K Jul 30, 2021 Direct
transaction UNTY Common Stock Sale -$141K -6.3K -9.97% $22.33 56.9K Jul 30, 2021 Direct F1, F2
transaction UNTY Common Stock Options Exercise $14.1K +2.57K +4.52% $5.48* 59.5K Aug 2, 2021 Direct
transaction UNTY Common Stock Sale -$57.5K -2.57K -4.32% $22.39 56.9K Aug 2, 2021 Direct F2, F3
holding UNTY Restricted Stock 10.5K Jul 30, 2021 Direct F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction UNTY Stock Option (Right to Buy) Options Exercise $0 -6.3K -6.71% $0.00 87.6K Jul 30, 2021 Common Stock 6.3K $5.48 Direct F5
transaction UNTY Stock Option (Right to Buy) Options Exercise $0 -2.57K -2.93% $0.00 85K Aug 2, 2021 Common Stock 2.57K $5.48 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $22.30 USD to $22.49 USD, the price reported above reflects the weighted average sale price.
F2 56,883 shares consisting of 55,410 shares held in an account at Shareworks, and 1,473 shares held in an account at Computershare.
F3 This transaction was executed in multiple trades at prices ranging from $22.39 USD to $22.43 USD, the price reported above reflects the weighted average sale price.
F4 10,500 shares held in an account at Computershare, which have upcoming vesting dates.
F5 Vests 3,667 share(s) on 05-Mar-2014, 3,666 share(s) on 05-Mar-2015, 3,667 share(s) on 05-Mar-2016
F6 85,000 stock options were granted under various dates and vesting periods of which 63,001 are currently exercisable.

Remarks:

Total Beneficial Ownership: 130,384