Home/Filings/4/0001140361-14-011134
4//SEC Filing

SUN BANCORP INC /NJ/ 4

Accession 0001140361-14-011134

CIK 0001017793operating

Filed

Mar 4, 7:00 PM ET

Accepted

Mar 5, 2:13 PM ET

Size

16.3 KB

Accession

0001140361-14-011134

Insider Transaction Report

Form 4
Period: 2014-03-03
FOUSS BRADLEY J
EVP/Wholesale BankingOther
Transactions
  • Award

    Common Stock

    2014-03-03+1,47611,259 total(indirect: By 401(k))
  • Award

    Common Stock

    2014-03-03$3.36/sh+11,012$37,00011,012 total(indirect: Stock Plan 3/3/14)
Holdings
  • Common Stock

    (indirect: By Spouse)
    1,297
  • Incentive Stock Option (right to buy)

    Exercise: $16.10From: 2008-04-02Exp: 2017-04-02Common Stock (6,366 underlying)
    6,366
  • Incentive Stock Option (right to buy)

    Exercise: $3.74From: 2011-03-12Exp: 2020-03-12Common Stock (9,500 underlying)
    9,500
  • Incentive Stock Option (right to buy)

    Exercise: $4.32From: 2012-03-01Exp: 2021-03-01Common Stock (7,500 underlying)
    7,500
  • Incentive Stock Option (right to buy)

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

    6,730
  • Common Stock

    (indirect: Stock Plan 11/15/12)
    106,271
  • Common Stock

    (indirect: Stock Plan 7/18/13)
    17,094
  • Incentive Stock Option (right to buy)

    Exercise: $17.49From: 2006-08-01Exp: 2015-08-01Common Stock (4,861 underlying)
    4,861
Footnotes (8)
  • [F1]Options fully vested and exercisable.
  • [F2]20% is first earned and exercisable on March 12, 2011, and 20% annually thereafter.
  • [F3]20% is first earned and exercisable on March 1, 2012, and 20% annually thereafter.
  • [F4]20% is first earned and exercisable on March 1, 2013, and 20% annually thereafter.
  • [F5]Various dates and prices.
  • [F6]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.
  • [F7]50% is first earned and non-forfeitable as of the date that is one year from the effective date of such award and 50% two years from the effective date of such award.
  • [F8]Stock Award shall vest equally over a 5-year period; 20% each year.

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 4, 7:00 PM ET
Accepted
Mar 5, 2:13 PM ET
Size
16.3 KB