Vincent Geraci - Jan 23, 2024 Form 4 Insider Report for UNITY BANCORP INC /NJ/ (UNTY)

Role
Director Mortgage Lending/SVP
Signature
Vincent Geraci, POA Jason Murray, Accounting Operations Supervisor/AVP
Stock symbol
UNTY
Transactions as of
Jan 23, 2024
Transactions value $
-$28,736
Form type
4
Date filed
1/25/2024, 03:16 PM
Previous filing
Jan 3, 2024
Next filing
May 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNTY Common Stock Options Exercise $46.6K +2.5K +68.62% $18.64 6.14K Jan 23, 2024 Direct
transaction UNTY Common Stock Sale -$75.3K -2.5K -40.7% $30.13 3.64K Jan 23, 2024 Direct F1
holding UNTY Restricted Shares 8.25K Jan 23, 2024 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 -2.5K -100% $0.00* 0 Jan 23, 2024 Common Stock 2.5K $18.64 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 3,643 shares are held in an account at Shareworks.
F2 8,250 shares are held in an account at Computershare, which have upcoming vesting dates.
F3 Vests 2,500 share(s) on 11-Dec-2021, 2,500 share(s) on 11-Dec-2022, 2,500 share(s) on 11-Dec-2023.
F4 All granted and exercisable stock options have been fully exhausted.

Remarks:

Total Beneficial Ownership: 11,893