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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OMB Number: 3235-0287
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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 *

Geraci Vincent		 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)
Director of Mortgage Lending
(Last)          (First)          (Middle)

C/O UNITY BANK, 64 OLD HIGHWAY 22		 3. Date of Earliest Transaction (MM/DD/YYYY)

6/13/2023
(Street)

CLINTON, NJ 08809		 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
(City)        (State)        (Zip)
Rule 10b5-1(c) Transaction Indication
☐ Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

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 6/13/2023  M  200.00 A$9.63 2369.00 D  
Common Stock 6/13/2023  M  5000.00 A$18.64 7369.00 D  
Common Stock 6/13/2023  M  2000.00 A$14.60 9369.00 D  
Common Stock 6/13/2023  S  2000.00 D$23.3395 (1)7369.00 D  
Common Stock 6/13/2023  S  5000.00 D$23.7659 (2)2369.00 D  
Common Stock 6/13/2023  S  200.00 D$23.6756 (3)2169.00 D  
Restricted Stock         6592.00 (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) $18.64 6/13/2023  M     5000.00   (5)12/11/2030 Common Stock 5000.00 $0.00 4700.00 D  
Stock Option (Right to Buy) $14.60 6/13/2023  M     2000.00   (6)12/15/2026 Common Stock 2000.00 $0.00 2700.00 D  
Stock Option (Right to Buy) $9.63 6/13/2023  M     200.00   (7)12/16/2025 Common Stock 200.00 $0.00 2500.00 (8)D  
Explanation of Responses:
(1) This transaction was executed in multiple trades at prices ranging from $23.22 USD to $23.63 USD; the price reported above reflects the weighted average sale price.
(2) This transaction was executed in multiple trades at prices ranging from $23.59 USD to $24.03 USD; the price reported above reflects the weighted average sale price.
(3) This transaction was executed in multiple trades at prices ranging from $23.63 USD to $23.75 USD; the price reported above reflects the weighted average sale price.
(4) 6,562 restricted shares are held in an account at Computershare, which have upcoming vesting dates.
(5) Vests 2,500 share(s) on 11-Dec-2021, 2,500 share(s) on 11-Dec-2022, 2,500 share(s) on 11-Dec-2023
(6) Vests 1,667 share(s) on 15-Dec-2017, 1,666 share(s) on 15-Dec-2018, 1,667 share(s) on 15-Dec-2019
(7) Vests 1,834 share(s) on 16-Dec-2016, 1,833 share(s) on 16-Dec-2017, 1,833 share(s) on 16-Dec-2018
(8) 2,500 stock options become exercisable on 11-Dec-2023

Remarks:
Total Beneficial Ownership: 8,731

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Geraci Vincent
C/O UNITY BANK
64 OLD HIGHWAY 22
CLINTON, NJ 08809

Director of Mortgage Lending
Signatures
Vincent Geraci, POA Jason Murray, Accounting Operations Supervisor/AVP6/15/2023
**Signature of Reporting PersonDate
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 control number.
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