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4//SEC Filing

SPEZIALI BART A 4

Accession 0000946275-09-000269

CIK 0001017793other

Filed

Mar 9, 8:00 PM ET

Accepted

Mar 10, 1:42 PM ET

Size

16.8 KB

Accession

0000946275-09-000269

Insider Transaction Report

Form 4
Period: 2009-02-19
SPEZIALI BART A
Executive Vice President
Transactions
  • Award

    Common Stock

    2009-02-19+1,97019,631 total(indirect: By 401(k))
  • Award

    Common Stock

    2009-02-19$4.40/sh+6,136$26,9986,136 total(indirect: Stock Plan '09)
Holdings
  • Common Stock

    50,932
  • Common Stock

    (indirect: By IRA)
    394
  • Incentive Stock Option (right to buy)

    Exercise: $15.43From: 2008-07-19Exp: 2017-07-19Common Stock (9,450 underlying)
    9,450
  • Incentive Stock Option (right to buy)

    Exercise: $8.49From: 2002-07-24Exp: 2012-01-24Common Stock (55,630 underlying)
    55,630
  • Incentive Stock Option (right to buy)

    Exercise: $11.51From: 2000-01-08Exp: 2009-01-08Common Stock (4,069 underlying)
    4,069
  • Incentive Stock Option (right to buy)

    Exercise: $4.51From: 2001-03-23Exp: 2010-03-23Common Stock (3,875 underlying)
    3,875
  • Incentive Stock Option (right to buy)

    Exercise: $5.08From: 2001-12-21Exp: 2010-12-21Common Stock (7,386 underlying)
    7,386
  • Common Stock

    (indirect: Stock Plan)
    1,954
  • Non-Qualified Stock Option (right to buy)

    Exercise: $8.49From: 2004-07-24Exp: 2012-01-23Common Stock (85,075 underlying)
    85,075
Footnotes (5)
  • [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 that 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.

Issuer

SUN BANCORP INC /NJ/

CIK 0001017793

Entity typeother

Related Parties

1
  • filerCIK 0001229217

Filing Metadata

Form type
4
Filed
Mar 9, 8:00 PM ET
Accepted
Mar 10, 1:42 PM ET
Size
16.8 KB