SOUDERS DONALD E. JR. sold 48.8% of their position (13.69K shares) of UNITY BANCORP INC /NJ/ on the open market

Open‑market sale worth $363.4K — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 4 sales

SOUDERS DONALD E. JR.

Filed: 2/16/2023ACC: 0001562180-23-001444

InsiderSOUDERS DONALD E. JR.CIK 1502243

→

IssuerUNITY BANCORP INC /NJ/CIK 920427

Director

Since Aug 2018

-13.69K

Net shares

Net seller

$363.4K

Total sold

Open market trades

0B · 4S

Total transactions

13.69K acquired · 27.39K disposed

Non-Derivative Transactions8

Common Stock

Direct

M · Option Exercise

+1.59K

Price / share

$19.75

Trade value

$31.50K

% of position

11.1%

2/14/2023

14.37K→15.96K

Common Stock

Direct

S · Sale

−1.59K

Price / share

$26.61

Trade value

$42.44K

% of position

10.0%

2/14/2023

15.96K→14.37K

Common Stock

Direct

M · Option Exercise

+2.83K

Price / share

$18.77

Trade value

$53.16K

% of position

19.7%

2/14/2023

14.37K→17.20K

Common Stock

Direct

S · Sale

−2.83K

Price / share

$26.55

Trade value

$75.20K

% of position

16.5%

2/14/2023

17.20K→14.37K

Common Stock

Direct

M · Option Exercise

+6.60K

Price / share

$22.57

Trade value

$148.96K

% of position

45.9%

2/14/2023

14.37K→20.96K

Common Stock

Direct

S · Sale

−6.60K

Price / share

$26.51

Trade value

$174.96K

% of position

31.5%

2/14/2023

20.96K→14.37K

Common Stock

Direct

M · Option Exercise

+2.67K

Price / share

$17.55

Trade value

$46.81K

% of position

18.6%

2/14/2023

14.37K→17.03K

Common Stock

Direct

S · Sale

−2.67K

Price / share

$26.56

Trade value

$70.83K

% of position

15.7%

2/14/2023

17.03K→14.37K

Total

Net shares

+0.00

Net value

-$83.01K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	2/14/2023	M · Option Exercise	+1.59K	$19.75	$31.50K	11.1%	14.37K	15.96K
Common Stock Direct	2/14/2023	S · Sale	−1.59K	$26.61	$42.44K	10.0%	15.96K	14.37K
Common Stock Direct	2/14/2023	M · Option Exercise	+2.83K	$18.77	$53.16K	19.7%	14.37K	17.20K
Common Stock Direct	2/14/2023	S · Sale	−2.83K	$26.55	$75.20K	16.5%	17.20K	14.37K
Common Stock Direct	2/14/2023	M · Option Exercise	+6.60K	$22.57	$148.96K	45.9%	14.37K	20.96K
Common Stock Direct	2/14/2023	S · Sale	−6.60K	$26.51	$174.96K	31.5%	20.96K	14.37K
Common Stock Direct	2/14/2023	M · Option Exercise	+2.67K	$17.55	$46.81K	18.6%	14.37K	17.03K
Common Stock Direct	2/14/2023	S · Sale	−2.67K	$26.56	$70.83K	15.7%	17.03K	14.37K
Total			+0.00		-$83.01K

Derivative Transactions4

Stock Option (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

6.60K shares

−6.60K

Strike price

22.57

Held after

8.43K

Exercisable

—

2/14/2023

Stock Option (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

1.59K shares

−1.59K

Strike price

19.75

Held after

6.83K

Exercisable

—

2/14/2023

Stock Option (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

2.83K shares

−2.83K

Strike price

18.77

Held after

Exercisable

—

2/14/2023

Stock Option (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

2.67K shares

−2.67K

Strike price

17.55

Held after

1.33K

Exercisable

—

2/14/2023

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Stock Option (Right to Buy) Direct	Common Stock6.60K shares	2/14/2023	M · Option Exercise	−6.60K	22.57	—	8.43K
Stock Option (Right to Buy) Direct	Common Stock1.59K shares	2/14/2023	M · Option Exercise	−1.59K	19.75	—	6.83K
Stock Option (Right to Buy) Direct	Common Stock2.83K shares	2/14/2023	M · Option Exercise	−2.83K	18.77	—	4K
Stock Option (Right to Buy) Direct	Common Stock2.67K shares	2/14/2023	M · Option Exercise	−2.67K	17.55	—	1.33K

Non-Derivative Holdings (Post-Transaction)1

Restricted Stock

Direct

Shares owned4.47K

Total

4.47K direct4.47K

Security Title	Shares Owned	Ownership Type
Restricted Stock	4.47K	Direct
Total	4.47K	4.47K direct

Derivative Holdings (Post-Transaction)0

No derivative holdings reported