David Bove - Jan 27, 2025 Form 4 Insider Report for UNITY BANCORP INC /NJ/ (UNTY)

Signature
David Bove, POA Amanda Roche, Finance Department Supervisor/VP
Stock symbol
UNTY
Transactions as of
Jan 27, 2025
Transactions value $
$0
Form type
4
Date filed
1/28/2025, 08:11 AM
Previous filing
Jan 3, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNTY Restricted Shares Award $0 +1.5K +49.59% $0.00 4.53K Jan 27, 2025 Direct F1, F2
holding UNTY Common Stock 10.2K Jan 27, 2025 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) 13K Jan 27, 2025 Common Stock Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1,500 restricted shares were granted on 1/27/2025 from the 2023 Equity Compensation Plan and vest over four years; vesting commences with 375 shares on 1/27/2026, 375 shares on 1/27/2027, 375 shares on 1/27/2028, and 375 shares on 1/27/2029.
F2 4,525 restricted shares are held in an account at Computershare, which have upcoming vesting dates.
F3 10,188 shares are held in an account at Shareworks.
F4 13,000 stock options were granted under various dates and vesting periods all of which are currently exercisable.

Remarks:

Total Beneficial Ownership: 27,713