Donald E. Souders Jr. - Jan 31, 2022 Form 4 Insider Report for UNITY BANCORP INC /NJ/ (UNTY)

Role
Director
Signature
Donald E. Souders, Jr., POA Laurie Cook Chief Accounting Officer/SVP
Stock symbol
UNTY
Transactions as of
Jan 31, 2022
Transactions value $
-$80,872
Form type
4
Date filed
2/2/2022, 03:36 PM
Previous filing
Jan 5, 2022
Next filing
Nov 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 $48.3K +4.4K +33.2% $10.97 17.7K Jan 31, 2022 Direct
transaction UNTY Common Stock Sale -$129K -4.4K -24.92% $29.35 13.3K Jan 31, 2022 Direct F1
holding UNTY Restricted Shares 3.59K Jan 31, 2022 Direct F2

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 -4.4K -19.38% $0.00 18.3K Jan 31, 2022 Common Stock 4.4K $10.97 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 13,176 shares are held in an account at Shareworks, and 77 shares are held in additional brokerage accounts.
F2 3,587 shares are held in an account at Computershare, which have upcoming vesting dates.
F3 Vests 1,467 share(s) on 05-Jan-2017, 1,466 share(s) on 05-Jan-2018, 1,467 share(s) on 05-Jan-2019
F4 18,300 stock options were granted under various dates and vesting periods of which 13,434 are currently exercisable.

Remarks:

Total Beneficial Ownership: 30,274