Home/Filings/4/0000946275-09-000379
4//SEC Filing

SUN BANCORP INC /NJ/ 4

Accession 0000946275-09-000379

CIK 0001017793operating

Filed

Apr 20, 8:00 PM ET

Accepted

Apr 21, 2:31 PM ET

Size

17.9 KB

Accession

0000946275-09-000379

Insider Transaction Report

Form 4
Period: 2009-04-17
DANSBURY ARTHUR B
Executive Vice President
Transactions
  • Other

    Common Stock

    2009-04-17$7.65/sh+10,500$80,32514,964 total
  • Tax Payment

    Common Stock

    2009-04-17$7.65/sh3,306$25,29111,658 total
  • Award

    Common Stock

    2009-04-17+2648,879 total(indirect: By 401(k))
  • Other

    Common Stock

    2009-04-17$7.65/sh10,500$80,32515,003 total(indirect: Stock Plan)
Holdings
  • Incentive Stock Option (right to buy)

    Exercise: $8.49From: 2002-07-24Exp: 2012-01-24Common Stock (54,009 underlying)
    54,009
  • Incentive Stock Option (right to buy)

    Exercise: $15.43From: 2008-07-19Exp: 2017-07-19Common Stock (19,441 underlying)
    19,441
  • Non-Qualified Stock Option (right to buy)

    Exercise: $15.43From: 2008-07-19Exp: 2017-07-19Common Stock (1,558 underlying)
    1,558
  • Non-Qualified Stock Option (right to buy)

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

    (indirect: Stock Plan '09)
    8,273
  • Common Stock

    (indirect: By IRA)
    2,678
  • Incentive Stock Option (right to buy)

    Exercise: $5.59From: 2002-04-02Exp: 2011-04-02Common Stock (7,386 underlying)
    7,386
Footnotes (6)
  • [F1]Vesting of prior Award.
  • [F2]Various
  • [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.

Issuer

SUN BANCORP INC /NJ/

CIK 0001017793

Entity typeoperating
IncorporatedNJ

Related Parties

1
  • filerCIK 0001017793

Filing Metadata

Form type
4
Filed
Apr 20, 8:00 PM ET
Accepted
Apr 21, 2:31 PM ET
Size
17.9 KB