Patel Raj 4
4 · UNITY BANCORP INC /NJ/ · Filed Jan 4, 2024
Insider Transaction Report
Form 4
Patel Raj
Director
Transactions
- Award
Restricted Stock
2024-01-02+2,200→ 4,950 total
Holdings
- 8,200
Stock Options (Right to buy)
→ Common Stock - 51,563
Common Stock
Footnotes (4)
- [F1]2,200 restricted shares were granted on 1/2/2024 from the 2023 Equity Compensation Plan and vest over four years; vesting commences with 550 shares on 1/2/2025, 550 shares on 1/2/2026, 550 shares on 1/2/2027, and 550 shares on 1/2/2028.
- [F2]4,950 restricted shares are held in an account at Computershare, which have upcoming vesting dates.
- [F3]51,563 shares consisting of 39,453 shares held in an account at TD Ameritrade, 10,860 shares held in multiple accounts at Morgan Stanley, and 1,250 shares held at Shareworks.
- [F4]8,200 stock options were granted under various dates and vesting periods of which all are currently exercisable.