SUN BANCORP INC /NJ/ 4
4 · SUN BANCORP INC /NJ/ · Filed Sep 24, 2010
Insider Transaction Report
Form 4
BROWN IRWIN J
Director
Transactions
- Purchase
Common Stock
2010-09-22$4.00/sh+41,811$167,244→ 41,811 total(indirect: National Distribution Centers, L.P.) - Purchase
Common Stock
2010-09-22$4.00/sh+20,916$83,664→ 20,916 total(indirect: National Freight, Inc.) - Purchase
Preferred Stock
2010-09-22$1000.00/sh+3,568$3,568,000→ 3,568 total(indirect: By Partnership) - Purchase
Common Stock
2010-09-22$4.00/sh+56,594$226,376→ 56,594 total(indirect: By LLC) - Purchase
Preferred Stock
2010-09-22$1000.00/sh+673$673,000→ 673 total(indirect: By LLC) - Purchase
Preferred Stock
2010-09-22$1000.00/sh+497$497,000→ 497 total(indirect: National Distribution Centers, L.P.) - Purchase
Preferred Stock
2010-09-22$1000.00/sh+249$249,000→ 249 total(indirect: National Freight, Inc.) - Purchase
Common Stock
2010-09-22$4.00/sh+299,583$1,198,332→ 349,155 total(indirect: By Partnership) - Gift
Common Stock
2010-06-09$4.02/sh+1,000$4,020→ 32,290 total(indirect: Son - Zachary)
Holdings
- 276,368
Common Stock
- 4,032(indirect: Dir. Fee Defer Plan)
Common Stock
- 1,012(indirect: Son-Jordan)
Common Stock
- 7,377(indirect: By Spouse)
Common Stock
- 4,429
Non-Qualified Stock Option (right to buy)
Exercise: $8.09From: 2002-01-24Exp: 2012-01-24→ Common Stock (4,429 underlying) - 37,146(indirect: By Foundation)
Common Stock
- 5,250(indirect: JAZ Enterprises)
Common Stock
- 22,330(indirect: NFI Intl. Ltd.)
Common Stock
- 25,828(indirect: Son - Aaron)
Common Stock
Footnotes (2)
- [F1]Does not have pecuniary interest.
- [F2]Each Preferred Share, purchase price of $1,000, convertible into 250 shares of Common Stock, following shareholder approval of additional authorized shares.