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

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/YYYY)

11/23/2020
(Street)

CLINTON, NJ 08809
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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 11/23/2020  M  3502.00 A$6.06 26464.00 D  
Common Stock 11/23/2020  S  3502.00 D$17.1089 (1)22962.00 D  
Common Stock 11/24/2020  M  3498.00 A$6.06 26460.00 D  
Common Stock 11/24/2020  S  3498.00 D$17.7162 (2)22962.00 (3)D  
Restricted Stock         10500.00 (4)D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. 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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (Right to Buy) $6.06 11/23/2020  M     3502.00   (5)5/26/2021 Common Stock 3502.00 $0.00 98498.00 D  
Stock Option (Right to Buy) $6.06 11/24/2020  M     3498.00   (5)5/26/2021 Common Stock 3498.00 $0.00 95000.00 (6)D  

Explanation of Responses:
(1) This transaction was executed in multiple trades at prices ranging from $17.00 USD to $17.36 USD; the price reported above reflects the weighted average sale price.
(2) This transaction was executed in multiple trades at prices ranging from $17.611 USD to $17.755 USD; the price reported above reflects the weighted average sale price.
(3) 22,962 shares are held in an account at Shareworks.
(4) 10,500 restricted shares are held in an account at Computershare, which have upcoming vesting dates.
(5) 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
(6) 95,000 stock options were granted under various dates and vesting periods of which 75,001 are currently exercisable.

Remarks:
Total Beneficial Ownership: 108,463

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Bolomey Janice
UNITY BANK
64 OLD HIGHWAY 22
CLINTON, NJ 08809


EVP/CAO

Signatures
Janice Bolomey, POA Laurie Cook, Controller/SVP11/25/2020
**Signature of Reporting PersonDate

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