James A. Hughes - Mar 15, 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 15, 2025
Transactions value $
-$154,415
Form type
4
Date filed
3/18/2025, 04:01 PM
Previous filing
Mar 11, 2025
Next filing
Mar 26, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNTY Restricted Stock Tax liability -$77.2K -1.82K -3.46% $42.45 50.8K Mar 15, 2025 Direct F1
transaction UNTY Restricted Stock Tax liability -$77.2K -1.82K -3.78% $42.45 46.3K Mar 16, 2025 Direct F1, F2
holding UNTY Common Stock 163K Mar 15, 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) 99K Mar 15, 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 1,819 shares were withheld @ $42.445 per share to cover tax liability on 4,500 restricted stock vesting for both 3/15/2025 & 3/16/2025.
F2 45,500 restricted shares are held in an account at Computershare, which have upcoming vesting dates. 824 shares are dividend reinvested shares for a total of 46,324.
F3 162,733 shares consisting of 135,269 shares held in an account at Shareworks, 6,085 shares held in an account at Computershare, 11,997 shares held in street name, and 9,382 shares are held in a 401K plan.
F4 99,000 stock options were granted under various dates and vesting periods of which all are currently exercisable.

Remarks:

Total Beneficial Ownership: 308,057