SUN BANCORP INC /NJ/ 4

4 · SUN BANCORP INC /NJ/ · Filed Oct 4, 2016

Form 4

Period: 2016-10-03

Director

Transactions

Holdings

Common Stock
(indirect: By Trust)
5,599
Common Stock
(indirect: By Spouse)
459
Non-Qualified Stock Option (right to buy)
Exercise: $53.80Exp: 2018-01-22→ Common Stock (1,217 underlying)
1,217
Common Stock
(indirect: By LLC)
15,447
Non-Qualified Stock Option (right to buy)
Exercise: $25.50Exp: 2020-09-24→ Common Stock (9,300 underlying)
9,300
Non-Qualified Stock Option (right to buy)
Exercise: $19.90Exp: 2020-01-21→ Common Stock (2,632 underlying)
2,632
Common Stock
(indirect: By Trust)
5,595
Non-Qualified Stock Option (right to buy)
Exercise: $30.90Exp: 2019-01-15→ Common Stock (1,582 underlying)
1,582

Footnotes (5)

[F1]Total includes Director Deferred Fee Plan Trust of 38,275 shares, which includes Restricted Stock Award of 1,500 shares granted 01/01/16 which vest one year from the date of grant; and Restricted Stock Award of 484 shares granted 12/31/15 which vest one year from the date of grant.
[F2]First exercisable at the rate of one-fifth one year from the grant date of January 22, 2008 and one-fifth annually thereafter during such periods of continued service as a Director.
[F3]First exercisable at the rate of one-third on the second anniversary of the grant date of January 15, 2009 and one-third annually thereafter during such periods of continued service as a Director.
[F4]25% is first earned and exercisable on September 24, 2010 and 25% annually thereafter.
[F5]First exercisable at the rate of one-fifth on the one-year anniversary of the grant date of January 21, 2010 and one-fifth annually thereafter during such periods of continued service as a Director.

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