SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Dave Hensley

(Last) (First) (Middle)
C/O UNITY BANK
64 OLD HIGHWAY 22

(Street)
CLINTON NJ 08809

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
07/23/2009
3. Issuer Name and Ticker or Trading Symbol
UNITY BANCORP INC /NJ/ [ unty ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) X Other (specify below)
SVP Acting Chief Lending Officer
5. If Amendment, Date of Original Filed (Month/Day/Year)
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 Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Commn Stock 1,500(1) D
Common Stock 1,000(2) D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options 01/25/2010 01/25/2017 Common Stock 551(3) $12.62 D
Stock Options 02/21/2011 02/21/2018 Common Stock 1,050(4) $7.31 D
Stock Options 07/24/2011 07/24/2018 Common Stock 5,000(5) $6.12 D
Stock Options 12/08/2011 12/08/2018 Common Stock 3,000(6) $4.38 D
Explanation of Responses:
1. Restricted stock; vests one-quarter or 375 shares per year commencing July 24, 2009; currently 375 shares have vested.
2. Restricted Stock; vests one-quarter or 250 shares per year commencing December 8, 2009; currently 0 shares have vested.
3. Stock options vest one-third or 184 shares each year commencing January 25, 2008; currently 367 shares have fully vested.
4. Stock options vest one-third or 350 shares per year commencing February 21, 2009; currently 350 are fully vested.
5. Stock options vest one-third or 1,667 per year commencing July 24, 2009; currently 1,667 shares are fully vested.
6. Stock options vest one-third or 1,000 shares per year comencing December 8,2009; currently 0 shares are fully vested.
Dave Hensley by Linda B. McDermott, POA 07/23/2009
** Signature of Reporting Person Date
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 5 (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.