Raj Patel - Dec 15, 2023 Form 4 Insider Report for UNITY BANCORP INC /NJ/ (UNTY)

Role
Director
Signature
Raj Patel, POA Jason Murray, Accounting Operations Supervisor/AVP
Stock symbol
UNTY
Transactions as of
Dec 15, 2023
Transactions value $
$99,308
Form type
4
Date filed
12/19/2023, 02:26 PM
Previous filing
Sep 18, 2023
Next filing
Jan 4, 2024
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 $99.3K +4.4K +11.27% $22.57 43.5K Dec 15, 2023 Direct F1
holding UNTY Restricted Stock 4K Dec 15, 2023 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 -34.92% $0.00 8.2K Dec 15, 2023 Common Stock 4.4K $22.57 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 43,454 shares consisting of 4,400 shares held in an account at Shareworks, 38,516 shares held in an account at E'Trade, and 538 shares held in another E'Trade account.
F2 4,000 shares are held in an account at Computershare, which have upcoming vesting dates.
F3 Vests 2,200 share(s) on 02-Jan-2021, 2,200 share(s) on 02-Jan-2022, 2,200 share(s) on 02-Jan-2023.
F4 8,200 stock options were granted under various dates and vesting periods of which 6,867 are currently exercisable.

Remarks:

Total Beneficial Ownership: 54,321