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SUN BANCORP INC /NJ/ 4

Accession 0000946275-09-000853

CIK 0001017793operating
View on SEC.govCompany Profile

Filed

Dec 21, 7:00 PM ET

Accepted

Dec 22, 3:19 PM ET

Size

20.9 KB

Accession

0000946275-09-000853

Insider Transaction Report

Form 4
Period: 2009-12-17
SUN BANCORP INC /NJ/SNBC
DANSBURY ARTHUR B
Executive Vice President
Transactions
  • Award

    Incentive Stock Option (right to buy)

    2009-12-17+28,248→ 28,248 total
    Exercise: $3.54From: 2011-12-17Exp: 2019-12-17→ Common Stock (28,248 underlying)
  • Award

    Common Stock

    2009-12-17+1,359→ 10,682 total(indirect: By 401(k))
  • Award

    Common Stock

    2009-12-17$3.54/sh+17,200$60,888→ 17,200 total(indirect: Stock Plan 12-2009)
  • Award

    Non-Qualified Stock Option (right to buy)

    2009-12-17+4,752→ 4,752 total
    Exercise: $3.54From: 2011-12-17Exp: 2019-12-17→ Common Stock (4,752 underlying)
Holdings

  • Common Stock

    (indirect: Stock Plan '09)
    8,686

  • Incentive Stock Option (right to buy)

    Exercise: $14.70From: 2008-07-19Exp: 2017-07-19→ Common Stock (20,413 underlying)
    20,413

  • Common Stock

    12,240

  • Incentive Stock Option (right to buy)

    Exercise: $5.32From: 2002-04-02Exp: 2011-04-02→ Common Stock (7,755 underlying)
    7,755

  • Non-Qualified Stock Option (right to buy)

    Exercise: $14.70From: 2008-07-19Exp: 2017-07-19→ Common Stock (1,635 underlying)
    1,635

  • Common Stock

    (indirect: Stock Plan)
    15,753

  • Common Stock

    (indirect: By IRA)
    2,811

  • Incentive Stock Option (right to buy)

    Exercise: $8.09From: 2002-07-24Exp: 2012-01-24→ Common Stock (56,709 underlying)
    56,709

  • Non-Qualified Stock Option (right to buy)

    Exercise: $8.09From: 2002-07-24Exp: 2012-01-23→ Common Stock (31,932 underlying)
    31,932
Footnotes (9)
  • [F1]Various
  • [F2]Various
  • [F3]11,025 and 4,728 shares shall be 100% earned and non-forfeitable as of October 18, 2011 and March 20, 2012, respectively.
  • [F4]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.
  • [F5]Shares shall be 100% earned and non-forfeitable as of the date that is 2 years from December 17, 2009.
  • [F6]All options are first exercisable as of the date that is 2 years from December 17, 2009.
  • [F7]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.
  • [F8]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.
  • [F9]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
Dec 21, 7:00 PM ET
Accepted
Dec 22, 3:19 PM ET
Size
20.9 KB
View on SEC.gov