X0306 4 2022-03-14 false 0000920427 UNITY BANCORP INC /NJ/ UNTY 0001238304 HUGHES JAMES A UNITY BANK 64 OLD HWY 22 CLINTON NJ 08809 true true false false President/CEO Restricted Stock 2022-03-14 4 F false 1003.00 27.80 D 29574.00 D Restricted Stock 2022-03-16 4 F false 607.00 28.18 D 28074.00 D Restricted Stock 2022-03-16 4 A false 18000.00 0.00 A 46074.00 D Common Stock 118542.00 D Stock Options (Right to buy) Common Stock 122000.00 D 1,003 shares were withheld @ $27.80 per share to cover tax liability on 2,500 restricted shares vested. 607 shares were withheld @ $28.18 per share to cover tax liability on 1,500 restricted shares vested. 18,000 restricted shares were granted on 3/16/2022 from the 2019 Equity Compensation Plan and vest over four years; vesting commences with 4,500 shares on 3/16/2023, 4,500 shares on 3/16/2024, 4,500 shares on 3/16/2025, and 4,500 shares on 3/16/2026. 45,250 shares are held in an account at Computershare, which have upcoming vesting dates, 824 are dividend reinvested shares for a total of 46,074. 90,748 shares are held in an account at Shareworks, 6,085 are held in an account at Computershare, 12,327 shares are held in additional brokerage accounts, and 9,382 are held in a 401(K) for a total of 118,542. 122,000 stock options were granted under various dates and vesting periods of which 92,000 are currently exercisable. Total Beneficial Ownership: 256,616 James A. Hughes, POA Laurie Cook, Chief Accounting Officer/SVP 2022-03-16