Sec Form 4 Filing - BEDNER ALAN J @ UNITY BANCORP INC /NJ/ - 2020-04-01

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

OMB APPROVAL OMB Number: 3235-0287 Expires: November 30, 2011 Estimated average burden hours per response... 0.5

1. Name and Address of Reporting Person BEDNER ALAN J 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) Chief Financial Officer (Last) (First) (Middle) UNITY BANK, 64 OLD HIGHWAY 22 3. Date of Earliest Transaction (MM/DD/YY) 04/01/2020 (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 04/01/2020 J( 1 ) 5,937 ( 1 ) D 0 D Common Stock 17,907 ( 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 (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 (Right to buy) ( 3 ) 04/01/2020 J 9,999 ( 3 ) ( 3 ) ( 3 ) Common Stock ( 3 ) ( 3 ) 68,012 ( 4 ) D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other BEDNER ALAN J UNITY BANK 64 OLD HIGHWAY 22 CLINTON, NJ08809 Chief Financial Officer Signatures Alan J. Bedner, POA Laurie Cook, Controller/SVP 04/08/2020 Signature of Reporting Person Date

Explanation of Responses:

( 1 )5,937 unvested shares were cancelled and returned to the company's unissued pool at the time of Mr. Bedner's resignation. ( 2 )17,907 shares consisting of 13,793 shares held in an account at Shareworks, and 4,114 shares held in a 401K plan. ( 3 )9,999 unvested options were cancelled at the time of Mr. Bedner's resignation from the company. ( 4 )68,012 stock options were granted under various dates and vesting periods of which 68,012 are currently exercisable. Options will continue to be exercisable for the 3 months following Mr. Bedner's resignation date.

Remarks: Total Beneficial Ownership: 85,919

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).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.