ROBERT H. DALLAS II - 03 Jan 2023 Form 4 Insider Report for UNITY BANCORP INC /NJ/ (UNTY)

Role
Director, 10%+ Owner
Signature
Robert H. Dallas, II, POA Jason Murray, Accounting Operations Supervisor/AVP
Issuer symbol
UNTY
Transactions as of
03 Jan 2023
Net transactions value
$0
Form type
4
Filing time
05 Jan 2023, 09:23:27 UTC
Previous filing
05 Jan 2022
Next filing
28 Apr 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 +2,000 +75% $0.000000 4,671 03 Jan 2023 Direct F1, F2
holding UNTY Common Stock 23,378 03 Jan 2023 Direct F3
holding UNTY Common Stock 1,746,630 03 Jan 2023 Dallas Financial Holdings, LLC 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
holding UNTY Stock Options (Right to buy) 17,300 03 Jan 2023 Common Stock Direct F5
* 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 4,000 shares are held in an account at Computershare, which have upcoming vesting dates. 671 shares are dividend reinvested shares for a total of 4,671.
F3 23,378 shares are held in an account at Shareworks of which dividends are reinvested quarterly.
F4 186,320 shares are held in an account at Computershare of which dividends are reinvested quarterly. 1,560,310 shares are held in a brokerage account.
F5 17,300 stock options were granted under various dates and vesting periods of which 15,967 are currently exercisable.

Remarks:

Total Beneficial Ownership: 1,790,645