Sec Form 4 Filing - BRODY MARK S @ UNITY BANCORP INC /NJ/ - 2017-09-01

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
BRODY MARK S
2. Issuer Name and Ticker or Trading Symbol
UNITY BANCORP INC /NJ/ [ UNTY]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O UNITY BANK, 64 OLD HIGHWAY 22
3. Date of Earliest Transaction (MM/DD/YY)
09/01/2017
(Street)
CLTION, 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 77,354 ( 1 ) D
Restricted Stock 4,700 ( 2 ) D
Common Stock 40,102 ( 3 ) I Financial Planning Analysts
Common Stock 252,520 ( 3 ) I Financial Planning Analysts Dispositive Shares
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 $ 6.46 09/01/2017 M 435 ( 4 ) 12/20/2008( 5 ) 12/20/2017( 5 ) Common Stock 435 $ 6.46 18,305 ( 6 ) D
Stock Options $ 6.46 09/05/2017 M 470 ( 4 ) 12/20/2008( 5 ) 12/20/2017( 5 ) Common Stock 470 $ 6.46 18,305 ( 6 ) D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
BRODY MARK S
C/O UNITY BANK
64 OLD HIGHWAY 22
CLTION, NJ08809
X
Signatures
Dr. Mark Brody, POA Laurie Cook, Controller/SVP 09/05/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )64,649 shares are held in accounts at Computershare, of which 48,400 are held jointly with his spouse; 12,705 shares are held in street name.
( 2 )4,700 shares are held in an account at Computershare, which have upcoming vesting dates.
( 3 )Shares are held in a master account of Financial Planning Analysts over which Dr. Brody has no voting authority, but has dispositive power.
( 4 )Mr. Brody exercised 905 stock options at $6.46 per share, and sold at $17.50 per share.
( 5 )4,620 stock options were granted on 12/20/2007, which vested one-third per year commencing 12/20/2008; 12/20/2009; and 12/20/2010 at $6.46 per share that expire on 12/20/2017.
( 6 )18,305 stock options were granted to Mr. Brody of which 13,772 are currently exercisable.

Remarks:
Total Beneficial Ownership: 374,676

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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