4//SEC Filing
SUN BANCORP INC /NJ/ 4
Accession 0001140361-14-029049
CIK 0001017793operating
Filed
Jul 21, 8:00 PM ET
Accepted
Jul 22, 4:39 PM ET
Size
27.8 KB
Accession
0001140361-14-029049
Insider Transaction Report
Form 4
FOUSS BRADLEY J
EVP/Wholesale BankingOther
Transactions
- Other
Common Stock
2014-07-18$3.96/sh+8,547$33,846→ 15,277.62 total - Tax Payment
Common Stock
2014-07-18$3.96/sh−2,564$10,153→ 12,713 total - Award
Common Stock
2014-07-18+610.525→ 11,869.527 total(indirect: By 401(k))
Holdings
- 9,500
Incentive Stock Option (right to buy)
Exercise: $3.74From: 2011-03-12Exp: 2020-03-12→ Common Stock (9,500 underlying) - 4,861
Incentive Stock Option (right to buy)
Exercise: $17.49From: 2006-08-01Exp: 2015-08-01→ Common Stock (4,861 underlying) - 106,271(indirect: Stock Plan 11/15/12)
Common Stock
- 1,297(indirect: By Spouse)
Common Stock
- 11,012(indirect: Stock Plan 3/3/14)
Common Stock
- 6,366
Incentive Stock Option (right to buy)
Exercise: $16.10From: 2008-04-02Exp: 2017-04-02→ Common Stock (6,366 underlying) - 7,500
Incentive Stock Option (right to buy)
Exercise: $4.32From: 2012-03-01Exp: 2021-03-01→ Common Stock (7,500 underlying) - 9,535
Incentive Stock Option (right to buy)
Exercise: $2.85From: 2013-03-01Exp: 2022-03-01→ Common Stock (9,535 underlying)
Footnotes (10)
- [F1]Options fully vested and exercisable.
- [F10]Shares withheld for tax withholding upon vesting of stock award.
- [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.
- [F9]Vesting of prior stock award.
Documents
Issuer
SUN BANCORP INC /NJ/
CIK 0001017793
Entity typeoperating
IncorporatedNJ
Related Parties
1- filerCIK 0001017793
Filing Metadata
- Form type
- 4
- Filed
- Jul 21, 8:00 PM ET
- Accepted
- Jul 22, 4:39 PM ET
- Size
- 27.8 KB