Home/Filings/4/0001140361-11-013793
4//SEC Filing

SUN BANCORP INC /NJ/ 4

Accession 0001140361-11-013793

CIK 0001017793operating

Filed

Mar 2, 7:00 PM ET

Accepted

Mar 3, 2:10 PM ET

Size

20.5 KB

Accession

0001140361-11-013793

Insider Transaction Report

Form 4
Period: 2011-03-01
DANSBURY ARTHUR B
Executive Vice President
Transactions
  • Award

    Common Stock

    2011-03-01+2,70713,390 total(indirect: By 401(k))
  • Award

    Incentive Stock Option (right to buy)

    2011-03-01+12,50012,500 total
    Exercise: $4.32From: 2012-03-01Exp: 2021-03-01Common Stock (12,500 underlying)
Holdings
  • Common Stock

    (indirect: Stock Plan)
    15,753
  • Common Stock

    (indirect: By IRA)
    2,811
  • Common Stock

    12,240
  • Common Stock

    (indirect: Stock Plan '09)
    8,686
  • Common Stock

    (indirect: Stock Plan 12-2009)
    17,200
  • Incentive Stock Option (right to buy)

    Exercise: $5.32From: 2002-04-02Exp: 2011-04-02Common Stock (7,755 underlying)
    7,755
  • Non-Qualified Stock Option (right to buy)

    Exercise: $3.54From: 2011-12-17Exp: 2019-12-17Common Stock (4,752 underlying)
    4,752
  • Incentive Stock Option (right to buy)

    Exercise: $14.70From: 2008-07-19Exp: 2017-07-19Common Stock (20,413 underlying)
    20,413
  • Non-Qualified Stock Option (right to buy)

    Exercise: $14.70From: 2008-07-19Exp: 2017-07-19Common Stock (1,635 underlying)
    1,635
  • Incentive Stock Option (right to buy)

    Exercise: $3.54From: 2011-12-17Exp: 2019-12-17Common Stock (28,248 underlying)
    28,248
  • Incentive Stock Option (right to buy)

    Exercise: $8.09From: 2002-07-24Exp: 2012-01-24Common Stock (56,709 underlying)
    56,709
  • Non-Qualified Stock Option (right to buy)

    Exercise: $8.09From: 2002-07-24Exp: 2012-01-23Common Stock (31,932 underlying)
    31,932
Footnotes (10)
  • [F1]Various
  • [F10]494 options are first exercisble as of one year from the date of grant and 495 options on each of the next 2 anniversaries of the first vesting event.
  • [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]20% is first earned and exercisable on March 1, 2012, and 20% annually thereafter.
  • [F8]First exercisable at the rate of 20% as of 6 mos from the date of grant and 20% on each of the next 4 anniversaries of the first vesting event.
  • [F9]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.

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 2, 7:00 PM ET
Accepted
Mar 3, 2:10 PM ET
Size
20.5 KB