Sec Form 4 Filing - Bolomey Janice @ UNITY BANCORP INC /NJ/ - 2017-05-11

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Bolomey Janice
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/CAO
(Last) (First) (Middle)
UNITY BANK, 64 OLD HIGHWAY 22
3. Date of Earliest Transaction (MM/DD/YY)
05/11/2017
(Street)
CLINTON, NJ08809
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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)
Code V Amount (A) or (D) Price
Common Stock 25,139 ( 1 ) 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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options $ 6.65 ( 2 ) 05/11/2017 M 578 ( 3 ) 02/21/2009( 2 ) 02/21/2018( 2 ) Common Stock 578 $ 6.65 76,797 ( 4 ) D
Stock Options $ 3.99 ( 2 ) 05/11/2017 M 3,460 ( 3 ) 12/08/2009( 2 ) 12/08/2018( 2 ) Common Stock 3,460 $ 3.99 76,797 ( 4 ) D
Stock Options $ 3.99 ( 2 ) 05/12/2017 M 2,040 ( 3 ) 12/08/2009( 2 ) 12/08/2018( 2 ) Common Stock 2,040 $ 3.99 76,797 ( 4 ) D
Stock Options $ 3.62 ( 2 ) 05/12/2017 M 4,703 ( 3 ) 12/10/2010( 2 ) 12/10/2019( 2 ) Common Stock 4,703 $ 3.62 76,797 ( 4 ) D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Bolomey Janice
UNITY BANK
64 OLD HIGHWAY 22
CLINTON, NJ08809
EVP/CAO
Signatures
Janice Bolomey, POA Laurie Cook, Controller/SVP 05/15/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )9,300 shares are unvested stock; and 15,839 shares are held in an account at Computershare
( 2 )578 stock options were granted on 2/21/08, which vested one-third per year commencing 2/21/09; 2/21/10 and 2/21/11 at $6.65 per share that expire on 2/21/18. 5,500 stock options were granted on 12/8/08, which vested one-third per year commencing 12/8/09; 12/8/10 and 12/8/11 at $3.99 per share that expire on 12/8/18. 5,500 stock options were granted on 12/10/2009, which vested one-third per year commencing 12/10/10; 12/10/11 and 12/10/12 at $3.62 per share that expire on 12/10/19.
( 3 )578 shares @ $6.65, 5,500 shares @ $3.99 and 4,703 shares @ $3.62
( 4 )76,797 stock options were granted of which 55,797 are currently exercisable.

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).
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