John J. Kauchak - Feb 14, 2022 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
Feb 14, 2022
Transactions value $
-$100,647
Form type
4
Date filed
2/16/2022, 04:03 PM
Previous filing
Aug 3, 2021
Next filing
Feb 18, 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 $7.16 +1 +0% $7.16 56.9K Feb 14, 2022 Direct
transaction UNTY Common Stock Sale -$29 -1 0% $29.00 56.9K Feb 14, 2022 Direct
transaction UNTY Common Stock Options Exercise $33K +4.61K +8.1% $7.16 61.5K Feb 15, 2022 Direct
transaction UNTY Common Stock Sale -$134K -4.61K -7.49% $29.01 56.9K Feb 15, 2022 Direct F1, F2
holding UNTY Restricted Shares 10.5K Feb 14, 2022 Direct F3

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 -1 0% $0.00 85K Feb 14, 2022 Common Stock 1 $7.16 Direct F4
transaction UNTY Stock Option (Right to Buy) Options Exercise $0 -4.61K -5.42% $0.00 80.4K Feb 15, 2022 Common Stock 4.61K $7.16 Direct F4, F5
* 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 $29.00 USD to $29.07 USD; the price reported above reflects the weighted average sale price.
F2 55,410 shares are held in an account at Shareworks and 1,473 shares are held in an account at Computershare.
F3 10,500 shares held in an account at Computershare, which have upcoming vesting dates.
F4 Vests 3,667 share(s) on 03-Mar-2015, 3,666 share(s) on 03-Mar-2016, 3,667 share(s) on 03-Mar-2017
F5 80,393 stock options were granted under various dates and vesting periods of which 58,394 are currently exercisable.

Remarks:

Total Beneficial Ownership: 125,777