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

Jan 29, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNITY BANCORP INC /NJ/ (unty)
CIK: 0000920427
Period of Report: 2015-01-29

Reporting Person: HUGHES JAMES A (Director, President/CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-01-29	Restricted Stock	A	2400	$9.14	Acquired	81704	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-01-29	Stock Options	$9.14	A	10000	Acquired	2025-01-29	Common Stock (10000)	Direct

Footnotes

F1: 2,400 Restricted shares were granted on 1/29/15 from the 2013 Stock Bonus Plan: vesting commences with 600 shares on 1/29/16; 600 shares on 1/29/17; 600 shares on 1/29/18 and 600 shares on 1/29/19.

F2: Stock price at the close of business on 1/28/15.

F3: 16,947 shares of total beneficially owned shares are Restricted Stock.

F4: 10,000 non-qualified stock options were granted on 1/29/2015 from the 2011 Stock Option Plan; vesting over a three-year period and on each of the the first three anniversary dates, one-third of the option shall vest; i.e., 3,333 on 1/29/16; 3,333 on 1/29/17; and 3,334 on 1/29/18.

F5: 18,218 options are currently exercisable from the 2006 Stock Option Plan: 7,178 options granted on 1/25/07 @ $12.62 expire 1/25/17; 7,350 options granted on 2/29/08 @ $7.70 expire 2/29/18; and 3,150 options granted on 4/2/08 @ $7.48 expire 4/2/18. 20,000 options granted from the 2011 Stock Option Plan are currently unexercisable: 10,000 options granted on 3/27/14 @ $7.97 expire 3/27/24; and 10,000 options granted 1/29/15 @ $9.14 expire 1/29/25.