4//SEC Filing
SUN BANCORP INC /NJ/ 4
Accession 0001140361-11-018477
CIK 0001017793operating
Filed
Mar 23, 8:00 PM ET
Accepted
Mar 24, 4:11 PM ET
Size
15.7 KB
Accession
0001140361-11-018477
Insider Transaction Report
Form 4
WLR Recovery Associates IV LLC
10% Owner
Transactions
- Purchase
Common Stock
2011-03-22$2.85/sh+6,186,114$17,630,425→ 18,655,114 total(indirect: See Footnotes)
Holdings
- 239
Common Stock
WLR SBI AcquisitionCo, LLC
10% Owner
Transactions
- Purchase
Common Stock
2011-03-22$2.85/sh+6,186,114$17,630,425→ 18,655,114 total(indirect: See Footnotes)
Holdings
- 239
Common Stock
WL ROSS & CO LLC
10% Owner
Transactions
- Purchase
Common Stock
2011-03-22$2.85/sh+6,186,114$17,630,425→ 18,655,114 total(indirect: See Footnotes)
Holdings
- 239
Common Stock
WL Ross Group, L.P.
10% Owner
Transactions
- Purchase
Common Stock
2011-03-22$2.85/sh+6,186,114$17,630,425→ 18,655,114 total(indirect: See Footnotes)
Holdings
- 239
Common Stock
El Vedado, LLC
10% Owner
Transactions
- Purchase
Common Stock
2011-03-22$2.85/sh+6,186,114$17,630,425→ 18,655,114 total(indirect: See Footnotes)
Holdings
- 239
Common Stock
WLR Recovery Fund IV LP
10% Owner
Transactions
- Purchase
Common Stock
2011-03-22$2.85/sh+6,186,114$17,630,425→ 18,655,114 total(indirect: See Footnotes)
Holdings
- 239
Common Stock
ROSS WILBUR L JR
Director10% Owner
Transactions
- Purchase
Common Stock
2011-03-22$2.85/sh+6,186,114$17,630,425→ 18,655,114 total(indirect: See Footnotes)
Holdings
- 239
Common Stock
Footnotes (2)
- [F1]Shares of Common Stock are held directly by WLR SBI AcquisitionCo, LLC.
- [F2]Wilbur L. Ross, Jr. is the managing member of El Vedado, LLC, the general partner of WL Ross Group, L.P., which in turn is the managing member of WLR Recovery Associates IV LLC. WLR Recovery Associates IV LLC is the general partner of WLR Recovery Fund IV, L.P., which is the sole manager of WLR SBI AcquisitionCo, LLC, and WL Ross & Co. LLC is the investment manager of WL Ross Group, L.P. Accordingly, WLR Recovery Fund IV, L.P., WLR Recovery Associates IV LLC, WL Ross Group, L.P., El Vedado, LLC, Wilbur L. Ross, Jr. and WL Ross & Co. LLC may be deemed to share voting and dispositive power over the common stock held by WLR SBI AcquisitionCo, LLC.
Documents
Issuer
SUN BANCORP INC /NJ/
CIK 0001017793
Entity typeoperating
IncorporatedNJ
Related Parties
1- filerCIK 0001017793
Filing Metadata
- Form type
- 4
- Filed
- Mar 23, 8:00 PM ET
- Accepted
- Mar 24, 4:11 PM ET
- Size
- 15.7 KB