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
MALANDRO EDWARD III
EVP/Consumer BankingOther
Transactions
- Award
Common Stock
2013-05-31$2.92/sh+102$298→ 8,841 total - Award
Common Stock
2013-05-31+36→ 8,673 total(indirect: By 401(k))
Holdings
- 1,752
Incentive Stock Option (right to buy)
Exercise: $3.54From: 2010-12-17Exp: 2019-12-17→ Common Stock (1,752 underlying) - 5,787
Incentive Stock Option (right to buy)
Exercise: $16.10From: 2008-04-02Exp: 2017-04-02→ Common Stock (5,787 underlying) - 9,535
Incentive Stock Option (right to buy)
Exercise: $2.85From: 2013-03-01Exp: 2022-03-01→ Common Stock (9,535 underlying) - 68,686(indirect: Stock Plan 11/15/12)
Common Stock
- 6,340(indirect: By IRA)
Common Stock
- 28,248
Incentive Stock Option (right to buy)
Exercise: $3.54From: 2010-12-17Exp: 2019-12-17→ Common Stock (28,248 underlying) - 166,412
Incentive Stock Option (right to buy)
Exercise: $4.73From: 2013-12-31Exp: 2021-03-02→ Common Stock (166,412 underlying) - 3,037
Incentive Stock Option (right to buy)
Exercise: $17.49From: 2006-08-01Exp: 2015-08-01→ Common Stock (3,037 underlying) - 15,000
Incentive Stock Option (right to buy)
Exercise: $4.32From: 2012-03-01Exp: 2021-03-01→ Common Stock (15,000 underlying)
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
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