John J. Kauchak - Mar 9, 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
Mar 9, 2022
Transactions value $
-$11,936
Form type
4
Date filed
3/10/2022, 02:25 PM
Previous filing
Feb 25, 2022
Next filing
Mar 16, 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNTY Restricted Stock Tax liability -$11.9K -439 -4.42% $27.19 9.5K Mar 9, 2022 Direct F1, F2
holding UNTY Common Stock 57.4K Mar 9, 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
holding UNTY Stock Options (Right to buy) 75.7K Mar 9, 2022 Common Stock Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 439 shares were withheld @ $27.19 per share to cover tax liability on 1,000 restricted shares vested.
F2 9,500 restricted shares held in an account at Computershare, which have upcoming vesting dates.
F3 55,971 shares are held in an account at Shareworks and 1,473 are held in an account at Computershare.
F4 75,661 stock options were granted under various dates and vesting periods of which 53,662 are currently exercisable.

Remarks:

Total Beneficial Ownership: 120,606