Patel Raj 4
4 · UNITY BANCORP INC /NJ/ · Filed Jan 28, 2025
Insider Transaction Report
Form 4
Patel Raj
Director
Transactions
- Award
Restricted Stock
2025-01-27+1,600→ 4,750 total
Holdings
- 53,372
Common Stock
- 8,200
Stock Options (Right to buy)
→ Common Stock
Footnotes (4)
- [F1]1,600 restricted shares were granted on 1/27/2025 from the 2023 Equity Compensation Plan and vest over four years; vesting commences with 400 shares on 1/27/2026, 400 shares on 1/27/2027, 400 shares on 1/27/2028, and 400 shares on 1/27/2029.
- [F2]4,750 restricted shares are held in an account at Computershare, which have upcoming vesting dates.
- [F3]53,372 shares consisting of 453 shares held in an account at Charles Schwab, 51,119 shares held in multiple accounts at Morgan Stanley, and 1,800 shares held at Shareworks.
- [F4]8,200 stock options were granted under various dates and vesting periods of which all are currently exercisable.