James A. Hughes - Mar 6, 2025 Form 4 Insider Report for UNITY BANCORP INC /NJ/ (UNTY)

Role
President/CEO, Director
Signature
James A. Hughes, POA Amanda Roche, Finance Department Supervisor/VP
Stock symbol
UNTY
Transactions as of
Mar 6, 2025
Transactions value $
$8,950
Form type
4
Date filed
3/7/2025, 04:13 PM
Previous filing
Nov 15, 2024
Next filing
Mar 11, 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 $8.95K +1K +0.65% $8.95 155K Mar 6, 2025 Direct F1
holding UNTY Restricted Stock 45.8K Mar 6, 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 -1K -1% $0.00 99K Mar 6, 2025 Common Stock 1K $8.95 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 154,690 shares consisting of 127,226 shares held in an account at Shareworks, 6,085 shares held in an account at Computershare, 11,997 shares held in a brokerage account, and 9,382 shares are held in a 401K plan.
F2 45,000 shares are held in an account at Computershare, which have upcoming vesting dates. 824 shares are dividend reinvested shares for a total of 45,824.
F3 Vested 3,667 share(s) on 25-Feb-2017, 3,666 share(s) on 25-Feb-2018, 3,667 share(s) on 25-Feb-2019.
F4 99,000 stock options were granted under various dates and vesting periods of which all are currently exercisable.

Remarks:

Total Beneficial Ownership: 299,514