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4//SEC Filing

SUN BANCORP INC /NJ/ 4

Accession 0000946275-09-000268

CIK 0001017793operating
View on SEC.govCompany Profile

Filed

Mar 9, 8:00 PM ET

Accepted

Mar 10, 1:42 PM ET

Size

15.9 KB

Accession

0000946275-09-000268

Insider Transaction Report

Form 4
Period: 2009-02-19
SUN BANCORP INC /NJ/SNBC
DANSBURY ARTHUR B
Executive Vice President
Transactions
  • Award

    Common Stock

    2009-02-19+1,222→ 8,615 total(indirect: By 401(k))
  • Award

    Common Stock

    2009-02-19$4.40/sh+8,273$36,401→ 8,273 total(indirect: Stock Plan '09)
Holdings

  • Common Stock

    (indirect: Stock Plan)
    25,503

  • Non-Qualified Stock Option (right to buy)

    Exercise: $8.49From: 2002-07-24Exp: 2012-01-23→ Common Stock (30,412 underlying)
    30,412

  • Non-Qualified Stock Option (right to buy)

    Exercise: $15.43From: 2008-07-19Exp: 2017-07-19→ Common Stock (1,558 underlying)
    1,558

  • Incentive Stock Option (right to buy)

    Exercise: $5.59From: 2002-04-02Exp: 2011-04-02→ Common Stock (7,386 underlying)
    7,386

  • Incentive Stock Option (right to buy)

    Exercise: $8.49From: 2002-07-24Exp: 2012-01-24→ Common Stock (54,009 underlying)
    54,009

  • Incentive Stock Option (right to buy)

    Exercise: $15.43From: 2008-07-19Exp: 2017-07-19→ Common Stock (19,441 underlying)
    19,441

  • Common Stock

    4,464

  • Common Stock

    (indirect: By IRA)
    2,678
Footnotes (6)
  • [F1]Various.
  • [F2]Shares shall be earned and non-forfeitable as of the date that is four years from March 20, 2008.
  • [F3]Stock awards shall be 100% earned and non-forfeitable as of February 19, 2013, provided, however, such awards shall not be deemed vested prior to such time is permissible in accordance with Section 111(b) of the Emergency Economic Stabilization Act of 2008 (12 USC 5221), as amended, and regulations promulgated thereunder.
  • [F4]First exercisable at the rate of 20% as of 6 months from the date of grant and 20% on each of the next 4 anniversaries of the first vesting event.
  • [F5]First exercisable at the rate of 33 1/3% as of one year from the date of grant and 33 1/3% on each of the next 2 anniversaries of the first vesting event.
  • [F6]494 options are first exercisable as of one year from the date of grant and 495 options on each of the next 2 anniversaries of the first vesting event.

Documents

1 file

Issuer

SUN BANCORP INC /NJ/

CIK 0001017793

→
Entity typeoperating
IncorporatedNJ

Related Parties

1
  • filerCIK 0001017793

Filing Metadata

Form type
4
Filed
Mar 9, 8:00 PM ET
Accepted
Mar 10, 1:42 PM ET
Size
15.9 KB
View on SEC.gov