Home/Filings/4/0001140361-13-023858
4//SEC Filing

SUN BANCORP INC /NJ/ 4

Accession 0001140361-13-023858

CIK 0001017793operating

Filed

Jun 3, 8:00 PM ET

Accepted

Jun 4, 12:34 PM ET

Size

17.1 KB

Accession

0001140361-13-023858

Insider Transaction Report

Form 4
Period: 2013-05-31
MALANDRO EDWARD III
EVP/Consumer BankingOther
Transactions
  • Award

    Common Stock

    2013-05-31$2.92/sh+102$2988,841 total
  • Award

    Common Stock

    2013-05-31+368,673 total(indirect: By 401(k))
Holdings
  • Incentive Stock Option (right to buy)

    Exercise: $3.54From: 2010-12-17Exp: 2019-12-17Common Stock (1,752 underlying)
    1,752
  • Incentive Stock Option (right to buy)

    Exercise: $16.10From: 2008-04-02Exp: 2017-04-02Common Stock (5,787 underlying)
    5,787
  • Incentive Stock Option (right to buy)

    Exercise: $2.85From: 2013-03-01Exp: 2022-03-01Common Stock (9,535 underlying)
    9,535
  • Common Stock

    (indirect: Stock Plan 11/15/12)
    68,686
  • Common Stock

    (indirect: By IRA)
    6,340
  • Incentive Stock Option (right to buy)

    Exercise: $3.54From: 2010-12-17Exp: 2019-12-17Common Stock (28,248 underlying)
    28,248
  • Incentive Stock Option (right to buy)

    Exercise: $4.73From: 2013-12-31Exp: 2021-03-02Common Stock (166,412 underlying)
    166,412
  • Incentive Stock Option (right to buy)

    Exercise: $17.49From: 2006-08-01Exp: 2015-08-01Common Stock (3,037 underlying)
    3,037
  • Incentive Stock Option (right to buy)

    Exercise: $4.32From: 2012-03-01Exp: 2021-03-01Common Stock (15,000 underlying)
    15,000
Footnotes (6)
  • [F1]Options fully vested and exercisable.
  • [F2]20% is first earned and exercisable on March 1, 2012, and 20% annually thereafter.
  • [F3]20% is first earned and exercisable on March 1, 2013, and 20% annually thereafter.
  • [F4]Awarded and administered as per the approved 2010 Performance Equity Plan. Maximum options that become earned and exercisable if Board established long-term performance objectives are achieved by 12/31/2013.
  • [F5]10% earned and non-forfeitable as of the date that is two years from the effective date of such award and 20% three years from the effective date, 30% four years from the effective date, and 40% five years from the effective date.
  • [F6]Various dates and prices during 2013.

Documents

1 file

Issuer

SUN BANCORP INC /NJ/

CIK 0001017793

Entity typeoperating
IncorporatedNJ

Related Parties

1
  • filerCIK 0001017793

Filing Metadata

Form type
4
Filed
Jun 3, 8:00 PM ET
Accepted
Jun 4, 12:34 PM ET
Size
17.1 KB