Home/Filings/4/0001562180-16-003549
4//SEC Filing

SUN BANCORP INC /NJ/ 4

Accession 0001562180-16-003549

CIK 0001017793operating

Filed

Nov 15, 7:00 PM ET

Accepted

Nov 16, 5:23 PM ET

Size

11.5 KB

Accession

0001562180-16-003549

Insider Transaction Report

Form 4
Period: 2016-11-15
BRUGGER THOMAS R
EVP/CFO of Sun National Bank
Transactions
  • Award

    Common Stock

    2016-11-15+0.359823.841 total(indirect: 401 (k))
  • Tax Payment

    Common Stock

    2016-11-15$24.00/sh344$8,25617,439 total
Holdings
  • Incentive Stock Option (right to buy)

    Exercise: $15.15From: 2014-11-15Exp: 2022-11-15Common Stock (4,000 underlying)
    4,000
  • Non-Qualified Stock Option (right to buy)

    Exercise: $19.31From: 2017-03-26Exp: 2025-03-26Common Stock (8,077 underlying)
    8,077
  • Non-Qualified Stock Option (right to buy)

    Exercise: $21.08From: 2018-03-01Exp: 2026-03-01Common Stock (10,497 underlying)
    10,497
Footnotes (8)
  • [F1]Shares withheld for tax withholding upon vesting of 1000 shares of restricted stock granted 2/20/14.
  • [F2]Total includes 1000 shares of restricted stock granted on 2/20/14 which vest on 11/15/17.
  • [F3]Total includes 1,787 shares of restricted stock granted on 3/3/14 which vests 596 shares on 3/3/17, 595 shares on 3/3/18 and 596 shares on 3/3/19.
  • [F4]Total includes 3,083 shares of restricted stock granted 3/1/16 which vests 770 shares on 3/1/18, 771 shares on 3/1/19, 771 shares on 3/1/20 and 771 shares on 3/1/21.
  • [F5]Various dates and prices.
  • [F6]25% is first earned and exercisable on 3/1/18 and 25% annually thereafter.
  • [F7]25% is first earned and exercisable on 3/26/17 and 25% annually thereafter.
  • [F8]25% is first earned and exercisable on 11/15/14 and 25% annually thereafter.

Issuer

SUN BANCORP INC /NJ/

CIK 0001017793

Entity typeoperating
IncorporatedNJ

Related Parties

1
  • filerCIK 0001017793

Filing Metadata

Form type
4
Filed
Nov 15, 7:00 PM ET
Accepted
Nov 16, 5:23 PM ET
Size
11.5 KB