SUN BANCORP INC /NJ/ 4
4 · SUN BANCORP INC /NJ/ · Filed Nov 21, 2016
Insider Transaction Report
Form 4
MORRIS ANTHONY J
EVP/Chief Banking OfficerOther
Transactions
- Tax Payment
Common Stock
2016-11-20$24.10/sh−277$6,676→ 5,806 total - Award
Common Stock
2016-11-20+61.124→ 103.284 total(indirect: 401 (k))
Holdings
- 1,000
Incentive Stock Option (right to buy)
Exercise: $18.73From: 2016-11-20Exp: 2024-11-20→ Common Stock (1,000 underlying) - 10,497
Non-Qualified Stock Option (right to buy)
Exercise: $21.08From: 2018-03-01Exp: 2026-03-01→ Common Stock (10,497 underlying)
Footnotes (6)
- [F1]Shares withheld for tax withholding upon vesting of 750 shares of restricted stock granted on 11/20/14.
- [F2]Total includes 2,250 shares of restricted stock granted 11/20/14 which vests 750 shares on 11/20/17, 750 shares on 11/20/18 and 750 shares on 11/20/19.
- [F3]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.
- [F4]Various dates and prices.
- [F5]25% is first earned and exercisable on 11/20/16 and 25% annually thereafter.
- [F6]25% is first earned and exercisable on 3/1/18 and 25% annually thereafter.