James A. Hughes - Jan 31, 2024 Form 4 Insider Report for UNITY BANCORP INC /NJ/ (UNTY)

Role
President/CEO, Director
Signature
James A. Hughes, POA Jason Murray, Accounting Operations Supervisor, AVP
Stock symbol
UNTY
Transactions as of
Jan 31, 2024
Transactions value $
-$4,133
Form type
4
Date filed
2/2/2024, 10:14 AM
Previous filing
Jan 29, 2024
Next filing
Mar 7, 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 $2.73K +377 +0.28% $7.25 137K Jan 31, 2024 Direct
transaction UNTY Common Stock Sale -$6.87K -234 -0.17% $29.34 137K Jan 31, 2024 Direct F1
holding UNTY Restricted Stock 42.8K Jan 31, 2024 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 -377 -0.33% $0.00 115K Jan 31, 2024 Common Stock 377 $7.25 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 136,878 shares consisting of 109,084 shares held in an account at Shareworks, 6,085 shares held in an account at Computershare, 12,327 shares held in a brokerage account, and 9,382 shares are held in a 401K plan.
F2 42,000 shares are held in an account at Computershare, which have upcoming vesting dates. 824 shares are dividend reinvested shares for a total of 42,824.
F3 Vested 3,667 share(s) on 27-Mar-2015, 3,666 share(s) on 27-Mar-2016, 3,667 share(s) on 27-Mar-2017
F4 115,013 stock options were granted under various dates and vesting periods of which 106,680 are currently exercisable.

Remarks:

Total Beneficial Ownership: 286,382