Patel Raj 4
4 · UNITY BANCORP INC /NJ/ · Filed Jan 5, 2023
Insider Transaction Report
Form 4
Patel Raj
Director
Transactions
- Award
Restricted Stock
[F1][F2]2023-01-03+2,000→ 4,000 total
Holdings
- 39,991
Common Stock
[F3] - 18,500
Stock Options (Right to buy)
[F4]→ Common Stock
Footnotes (4)
- [F1]2,000 restricted shares were granted on 1/3/2023 from the 2019 Equity Compensation Plan and vest over four years; vesting commences with 500 shares on 1/3/2024, 500 shares on 1/3/2025, 500 shares on 1/3/2026, and 500 shares on 1/3/2027.
- [F2]4,000 restricted shares are held in an account at Computershare, which have upcoming vesting dates.
- [F3]937 shares are held in an account at Shareworks; and 39,054 are held in additional brokerage accounts.
- [F4]18,500 stock options were granted under various dates and vesting periods of which 17,167 are currently exercisable.
Signature
Raj Patel, POA Jason Murray, Accounting Operations Supervisor/AVP|2023-01-05