SUN BANCORP INC /NJ/ 4

4 · SUN BANCORP INC /NJ/ · Filed Mar 5, 2014

Form 4

Period: 2014-03-03

EVP/Wholesale BankingOther

Transactions

Award
Common Stock
2014-03-03+1,476→ 11,259 total(indirect: By 401(k))
Award
Common Stock
2014-03-03$3.36/sh+11,012$37,000→ 11,012 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: 2017-04-02→ Common Stock (6,366 underlying)
6,366
Incentive Stock Option (right to buy)
Exercise: $3.74From: 2011-03-12Exp: 2020-03-12→ Common Stock (9,500 underlying)
9,500
Incentive Stock Option (right to buy)
Exercise: $4.32From: 2012-03-01Exp: 2021-03-01→ Common Stock (7,500 underlying)
7,500
Incentive Stock Option (right to buy)
Exercise: $2.85From: 2013-03-01Exp: 2022-03-01→ Common 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: 2015-08-01→ Common 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

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