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UNITY BANCORP INC /NJ/ Director's Dealing 2013

Mar 19, 2013

32788_dirs_2013-03-19_5e9c68d9-7646-4aa8-af77-2ce8bbd158d7.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNITY BANCORP INC /NJ/ (unty)
CIK: 0000920427
Period of Report: 2013-03-05

Reporting Person: BEDNER ALAN J (Chief Financial Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-03-05 Common Stock A 2000 $6.02 Acquired 12478 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2013-03-05 Stock Options $6.02 A 15000 Acquired 2023-03-05 Common Stock (15000) Direct

Footnotes

F1: 2,000 Restricted Shares were granted effective 3/5/2013 and issued from the 2004 Stock Bonus Plan; vesting commences with 500 shares on 3/5/14; 500 shares on 3/5/15; 500 shares on 3/5/16; and 500 shares on 3/5/17.

F2: 5,978 are Non-Restricted Stock; 6,500 are Restricted Stock.

F3: 15,000 non-qualified stock options were granted on 3/5/2013 from the 2006 Stock Option Plan; vesting over a three-year period and on each of the first three anniversary dates, one-third of the options shall best; i.e., 5,000 on 3/5/14; 5,000 on 3/5/15; and 5,000 on 3/5/16.

F4: 46,450 are currently exercisable; 35,000 are unexercisable.