Mary E. Gross - Jan 28, 2025 Form 4 Insider Report for UNITY BANCORP INC /NJ/ (UNTY)

Role
Director
Signature
Mary E. Gross, POA Amanda Roche, Finance Department Supervisor/VP
Stock symbol
UNTY
Transactions as of
Jan 28, 2025
Transactions value $
-$84,051
Form type
4
Date filed
1/29/2025, 08:30 AM
Previous filing
Jan 28, 2025
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 $74.5K +3.3K +17.86% $22.57 21.8K Jan 28, 2025 Direct
transaction UNTY Common Stock Sale -$159K -3.3K -15.15% $48.04 18.5K Jan 28, 2025 Direct F1
holding UNTY Restricted Stock 4.88K Jan 28, 2025 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 -3.3K -50% $0.00 3.3K Jan 28, 2025 Common Stock 3.3K $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 18,479 shares consisting of 17,390 shares held in an account at Shareworks, and 1,089 shares are held in a brokerage account
F2 4,875 shares are held in an account at Computershare, which have upcoming vesting dates.
F3 Vested 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 3,300 stock options were granted under various dates and vesting periods of which all are currently exercisable.

Remarks:

Total Beneficial Ownership: 26,654