UNITY BANCORP INC /NJ/ — Director's Dealing 2015

Mar 17, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNITY BANCORP INC /NJ/ (unty)
CIK: 0000920427
Period of Report: 2015-03-17

Reporting Person: BEDNER ALAN J (EVP/CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-03-17	Restricted Stock	A	2000	$9.11	Acquired	12287	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-03-17	Stock Options	$9.11	A	10000	Acquired	2025-03-17	Common Stock (10000)	Direct

Footnotes

F1: 2,000 restricted shares were granted effective 3/17/15 and issued from the 2013 Stock Bonus Plan; vesting commences with 500 shares on 3/17/16; 500 shares on 3/17/17; 500 shares on 3/17/18; and 500 shares on 3/17/19.

F2: Stock price at the close of business on 3/16/15.

F3: 1,790 are held in Mr. Bedner's 401K; 10,497 are restricted shares.

F4: 10,000 non-qualified stock options were granted on 3/17/15 from the 2011 Stock Option Plan; vesting over a three-year period and on each of the first three anniversary dates, one-third of the option shall vest; i.e., 3,333 on 3/17/16; 3,333 on 3/17/17; and 3,334 on 3/17/18.

F5: 58,401 options are currently exercisable; 21,667 and unexercisable.