SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) December 18, 2006

UNITY BANCORP, INC.

(Exact name of registrant as specified in its charter)

New Jersey

 

1-12431

 

22-3282551

(State or other jurisdiction

 

(Commission

 

(IRS Employer

of incorporation)

 

File Number)

 

Identification No.)

 

 

 

 

 

64 OLD HIGHWAY 22, CLINTON, NEW JERSEY

 

08809

(Address of principal executive offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code (908) 730-7630

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o  Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4 (c)

 




Item 5.02  Departure of Directors or Certain  Officers; Election of Directors; Appointment of Certain  Officers; Compensatory Arrangements of Certain Officers

(b)           On December 18, 2006, Kelly A. Stashko, the Company’s Executive Vice President, resigned from her position with the Company effective immediately.  In accordance with her retention agreement, Mrs. Stashko will receive nine months of salary and related benefits commensurate with her former position.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

UNITY BANCORP, INC.

 

 

(Registrant)

 

 

Dated: December 21, 2006

By:

Alan J. Bedner, Jr.

 

Alan J. Bedner, Jr.

 

EVP and Chief Financial Officer

 

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