SUN BANCORP INC /NJ/ 4
4 · SUN BANCORP INC /NJ/ · Filed Jan 5, 2016
Insider Transaction Report
Form 4
GALETTO PETER JR
Director
Transactions
- Award
Common Stock
2015-12-31$20.64/sh+920$18,989→ 60,150 total - Award
Common Stock
2016-01-01+1,500→ 61,650 total
Holdings
- 7,201(indirect: Stanker & Galetto)
Common Stock
- 6,461(indirect: By Spouse)
Common Stock
- 967(indirect: By Children)
Common Stock
- 22,056(indirect: By Trust)
Common Stock
- 8,551(indirect: Galetto Realty Co.)
Common Stock
- 9,800
Non-Qualified Stock Option (right to buy)
Exercise: $25.50From: 2010-09-24Exp: 2020-09-24→ Common Stock (9,800 underlying)
Footnotes (3)
- [F1]Restricted Stock Award of 484 shares granted 12/31/15 which vest one year from the date of grant; Restricted Stock Award of 519 shares granted 6/30/15 which vest one year from the date of grant; Restricted Stock Award of 515 shares granted 12/31/14 which vest one year from the date of grant.
- [F2]Restricted Stock Award of 1500 shares granted 1/01/16 which vest one year from the date of grant. Total includes Restricted Stock Award of 484 shares granted 12/31/15 which vest one year from the date of grant; Restricted Stock Award of 519 shares granted 6/30/15 which vest one year from the date of grant; Restricted Stock Award of 515 shares granted 12/31/14 which vest one year from the date of grant.
- [F3]25% is first earned and exercisable on September 24, 2010 and 25% annually thereafter.