Sec Form 4 Filing - DALLAS DAVID D @ UNITY BANCORP INC /NJ/ - 2019-01-08

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 DALLAS DAVID D 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 X __ 10% Owner _____ Officer (give title below) X __ Other (specify below) Chairman of the Board (Last) (First) (Middle) C/O UNITY BANCORP INC, 64 OLD HIGHWAY 22 3. Date of Earliest Transaction (MM/DD/YY) 01/08/2019 (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 Restricted Stock 3,217 ( 1 ) D Common Stock 01/08/2019 M 1,467 A $ 10.97 18,780 ( 2 ) D Common Stock 01/08/2019 M 533 A $ 15.7 18,780 ( 2 ) D Common Stock 1,709,074 ( 3 ) I Dallas Financial Holdings, LLC

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 Option $ 10.97 01/08/2019 M 1,467 ( 4 ) 01/05/2017 01/05/2026 Common Stock 1,467 $ 10.97 6,733 ( 5 ) D Stock Option $ 15.7 01/08/2019 M 533 ( 4 ) 01/03/2018 01/03/2027 Common Stock 533 $ 15.7 6,733 ( 5 ) D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other DALLAS DAVID D C/O UNITY BANCORP INC 64 OLD HIGHWAY 22 CLINTON, NJ08809 X X Chairman of the Board Signatures David D. Dallas, poa Laurie Cook, Controller/SVP 01/10/2019 Signature of Reporting Person Date

Explanation of Responses:

( 1 )2,715 shares are held in an account at Computershare which have upcoming vesting dates. 502 shares are dividend reinvested shares for a total of 3,217. ( 2 )18,780 shares are held in Mr. Dallas' name in an account at Shareworks. ( 3 )173,764 shares are held in an account at Computershare; 1,535,310 shares are held in a brokerage account. ( 4 )Mr. Dallas exercised 1,467 stock options @ $10.97 per share, and 533 stock options @ $15.70 per share. ( 5 )A total of 6,733 stock options were granted under various dates and vesting periods of which 1,067 are currently exercisable.

Remarks: Total Beneficial Ownership: 1,732,138Mr. Dallas receives additional shares on a quarterly basis through his dividend reinvestment plan.

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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