Wayne Courtright - 03 Jan 2023 Form 4 Insider Report for UNITY BANCORP INC /NJ/ (UNTY)

Role
Director
Signature
Wayne Courtright, POA Jason Murray, Accounting Operations Supervisor/AVP
Issuer symbol
UNTY
Transactions as of
03 Jan 2023
Transactions value $
$0
Form type
4
Filing time
05 Jan 2023, 09:23:09 UTC
Previous filing
05 Jan 2022
Next filing
15 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNTY Restricted Stock Award $0 +2K +80.81% $0.00 4.48K 03 Jan 2023 Direct F1, F2
holding UNTY Common Stock 111K 03 Jan 2023 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) 22.8K 03 Jan 2023 Common Stock Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 2,000 restricted shares were granted on 1/3/2023 from the 2019 Equity Compensation Plan and vest over four years; vesting commences with 500 shares on 1/3/2024, 500 shares on 1/3/2025, 500 shares on 1/3/2026, and 500 shares on 1/3/2027.
F2 4,475 shares are held in an account at Computershare, which have upcoming vesting dates.
F3 107,396 shares are held in multiple brokerage accounts; an additional 3,940 shares are held in an account at Shareworks for a total of 111,336 shares.
F4 22,800 stock options were granted under various dates and vesting periods of which 21,467 are currently exercisable.

Remarks:

Total Beneficial Ownership: 137,278