SUN BANCORP INC /NJ/ 4
4 · SUN BANCORP INC /NJ/ · Filed Nov 21, 2014
Insider Transaction Report
Form 4
MORRIS ANTHONY J
EVP/Chief Banking OfficerOther
Transactions
- Award
Common Stock
2014-11-20$18.73/sh+3,000$56,190→ 3,000 total(indirect: Stock Plan 11/20/14) - Award
Incentive Stock Option (Right to buy)
2014-11-20+1,000→ 1,000 totalExercise: $18.73From: 2016-11-20Exp: 2024-11-20→ Common Stock (1,000 underlying)
Holdings
- 0
Common Stock
Footnotes (2)
- [F1]Options shall be first exercisable at the rate of 25% beginning on the second anniversary of the November 20, 2014 Date of Grant and 25% annually thereafter.
- [F2]Stock Award shall become earned and non-forfeitable beginning 25% on the second anniversary of the effective date of award (November 20, 2016) and 25% annually thereafter; becoming 100% vested as of November 20, 2019.