Donald E. Souders Jr. - Jun 2, 2023 Form 4 Insider Report for UNITY BANCORP INC /NJ/ (UNTY)

Role
Director
Signature
Donald E. Souders, Jr., POA Jason Murray, Accounting Operations Supervisor/AVP
Stock symbol
UNTY
Transactions as of
Jun 2, 2023
Transactions value $
-$215,505
Form type
4
Date filed
6/5/2023, 11:44 AM
Previous filing
Feb 16, 2023
Next filing
Jan 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNTY Common Stock Sale -$216K -9.29K -64.66% $23.20 5.08K Jun 2, 2023 Direct F1, F2
holding UNTY Restricted Stock 4.48K Jun 2, 2023 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) 1.33K Jun 2, 2023 Common Stock Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $23.00 USD to $23.38 USD; the price reported above reflects the weighted average sale price.
F2 5,000 shares are held in an account at Shareworks, and 77 shares are held in additonal brokerage accounts.
F3 4,475 restricted shares are held in an account at Computershare, which have upcoming vesting dates.
F4 1,333 stock options were granted under various dates and vesting period.

Remarks:

Total Beneficial Ownership: 9,552