James Davies - Jan 2, 2024 Form 4 Insider Report for UNITY BANCORP INC /NJ/ (UNTY)

Role
Controller/SVP
Signature
James Davies, POA Jason Murray, Accounting Operations Supervisor, AVP
Stock symbol
UNTY
Transactions as of
Jan 2, 2024
Transactions value $
$0
Form type
4
Date filed
1/3/2024, 03:03 PM
Previous filing
May 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNTY Restricted Stock Award $0 +1.25K +80.96% $0.00 2.79K Jan 2, 2024 Direct F1, F2
holding UNTY Common Stock 652 Jan 2, 2024 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1,250 restricted shares were granted on 01/02/2024 from the 2023 Equity Compensation Plan and vest over four years; vesting commences with 313 shares on 01/02/2025, 312 shares on 01/02/2026, 313 shares on 01/02/2027, and 312 shares on 01/02/2028.
F2 2,750 shares are held in an account at Computershare, which have upcoming vesting dates. 44 shares are dividend reinvested shares for a total of 2,794 shares.
F3 652 shares consisting of 502 shares are held in an account at Shareworks of which dividends are reinvested quarterly. An additional 150 shares are held in a brokerage account.

Remarks:

Total Beneficial Ownership: 3,446