X0306 4 2016-02-25 0 0000920427 UNITY BANCORP INC /NJ/ unty 0001238304 HUGHES JAMES A C/O UNITYBANK CORP 64 OLD HWY 22 CLINTON NJ 08809 1 1 0 0 President/CEO Restricted Stock 2016-02-25 4 A 0 5000 9.84 A 93374 D Stock Options 9.84 2016-02-25 4 A 0 10000 9.84 A 2017-02-25 2026-02-25 Common Stock 10000 48218 D 5,000 restricted shares were granted effective 2/25/16 and issued from the 2013 Stock Bonus Plan; vesting commences with 1,250 shares on 2/25/17; 1,250 shares on 2/25/18; 1,250 shares on 2/25/19; and 1,250 shares on 2/25/20. Stock price at the close of business on 2/24/16. 93,374 shares consist of 22,200 shares of restricted stock; 6,906 shares in 401K plan; 15,842 shares in brokerage account; 48,426 held in an account at Computershare. 10,000 non-qualified stock options were granted on 2/25/16 from the 2013 Stock Option Plan; vesting over a three-year period one-third shall vest; i.e., 3,333 on 2/25/17; 3,333 on 2/25/18; and 3,334 on 2/25/19. 48,218 options are outstanding; 24,884 are exercisable and 23,334 an unexercisable. The price varies from $7.48 to $12.62. James A. Hughes, poa Linda B. McDermott 2016-02-25