SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

KAUCHAK JOHN J

(Last)

(First)

(Middle)

UNITY BANK

64 OLD HIGHWAY 22

(Street)

CLINTON

08809

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
UNITY BANCORP INC /NJ/ [ UNTY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP/COO

3. Date of Earliest Transaction (Month/Day/Year)
04/29/2019

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/29/2019		M		2,500	A	$6.06	55,090	D
Common Stock	04/29/2019		S		2,500	D	$21	52,590	D
Common Stock	04/30/2019		M		1,000	A	$6.06	53,590	D
Common Stock	04/30/2019		M		1,300	A	$3.62	54,890	D
Common Stock	04/30/2019		S		1,000	D	$21.4	53,890	D
Common Stock	04/30/2019		S		1,300	D	$21.4	52,590⁽¹⁾	D
Restricted Stock								10,050⁽²⁾	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Option (Right to Buy)	$6.06	04/29/2019		M			2,500	⁽³⁾	05/26/2021	Common Stock	2,500	$0.00	87,300	D
Stock Option (Right to Buy)	$6.06	04/30/2019		M			1,000	⁽³⁾	05/26/2021	Common Stock	1,000	$0.00	86,300	D
Stock Option (Right to Buy)	$3.62	04/30/2019		M			1,300	⁽⁴⁾	12/10/2019	Common Stock	1,300	$0.00	85,000⁽⁵⁾	D

Explanation of Responses:

1. 52,590 shares consisting of 51,117 shares held in an account at Shareworks, and 1,473 shares held in an account at Computershare.

2. 10,050 shares held in an account at Computershare, which have upcoming vesting dates.

3. Vests 3,667 share(s) on 26-May-2012, 3,666 share(s) on 26-May-2013, 3,667 share(s) on 26-May-2014

4. Vests 2,934 share(s) on 10-Dec-2010, 2,933 share(s) on 10-Dec-2011, 2,933 share(s) on 10-Dec-2012

5. 85,000 stock options were granted under various dates and vesting periods of which 65,001 are currently exercisable.

Remarks:

Total Beneficial Ownership: 127,641

	John J. Kauchak, POA Laurie Cook, Controller/SVP	04/30/2019
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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