Ownership Submission
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

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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(Print or Type Responses)
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 (Month/Day/Year)
10/24/2017
(Street)

CLINTON, NJ 08809
4. If Amendment, Date 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
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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
Common Stock               11,261 (1) D  
Restricted Stock               8,300 (2) D  

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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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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
(Month/Day/Year)
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 $ 6.06 10/24/2017   M     1,600 (3) 05/26/2012(4) 05/26/2021(4) Common Stock 1,600 $ 6.06 90,900 D  
Stock Options $ 6.06 10/25/2017   M     6,722 (3) 05/26/2012(4) 05/26/2021(4) Common Stock 6,722 $ 6.06 84,178 D  
Stock Options $ 6.06 10/26/2017   M     8,178 (3) 05/26/2012(4) 05/26/2021(4) Common Stock 8,178 $ 6.06 76,000 (5) D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
BEDNER ALAN J
UNITY BANK
64 OLD HIGHWAY 22
CLINTON, NJ 08809
      Chief Financial Officer  

Signatures

 Alan J. Bedner, POA Laurie Cook, Controller/SVP   10/26/2017
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) 7,147 shares are held in an account at Computershare; an additional 4,114 shares are held in Mr. Bedner's 401K.
(2) 8,300 shares are held in an account at Computershare, which have upcoming vesting dates.
(3) Mr. Bedner exercised 16,500 stock options at $6.06 per share. 1,600 shares were sold at $19.95 per share; 6,722 shares were sold at $19.79 per share; and 8,178 shares were sold at $19.50 per share.
(4) 16,500 stock options were granted on 5/26/2011, which vested one-third per year commencing 5/26/2012; 5/26/2013; and 5/26/2014 at $6.06 per share that expire on 5/26/2021.
(5) 76,000 stock options were granted to Mr. Bedner of which 55,000 are currently exercisable.
 
Remarks:
Total Beneficial Ownership: 74,561

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