4//SEC Filing
SUN BANCORP INC /NJ/ 4
Accession 0001562180-16-003741
CIK 0001017793operating
Filed
Dec 12, 7:00 PM ET
Accepted
Dec 13, 1:32 PM ET
Size
13.8 KB
Accession
0001562180-16-003741
Insider Transaction Report
Form 4
KRAMER ELI
Director
Transactions
- Award
Common Stock
2016-12-12$26.25/sh+14$368→ 44,138 total
Holdings
- 1,217
Non-Qualified Stock Option (right to buy)
Exercise: $53.80Exp: 2018-01-22→ Common Stock (1,217 underlying) - 9,300
Non-Qualified Stock Option (right to buy)
Exercise: $25.50Exp: 2020-09-24→ Common Stock (9,300 underlying) - 5,599(indirect: By Trust)
Common Stock
- 5,595(indirect: By Trust)
Common Stock
- 1,582
Non-Qualified Stock Option (right to buy)
Exercise: $30.90Exp: 2019-01-15→ Common Stock (1,582 underlying) - 2,632
Non-Qualified Stock Option (right to buy)
Exercise: $19.90Exp: 2020-01-21→ Common Stock (2,632 underlying) - 459(indirect: By Spouse)
Common Stock
- 15,447(indirect: By LLC)
Common Stock
Footnotes (6)
- [F1]Shares issued to Reporting Person by Issuer under the Issuer's Directors Deferred Fee Plan from investment into Issuer common stock of regular quarterly cash dividend payable on December 12, 2016.
- [F2]Total includes Director Deferred Fee Plan Trust of 38,289 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. Shares in the Director Deferred Fee Plan were previously reported as Indirect ownership.
- [F3]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.
- [F4]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.
- [F5]25% is first earned and exercisable on September 24, 2010 and 25% annually thereafter.
- [F6]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.
Documents
Issuer
SUN BANCORP INC /NJ/
CIK 0001017793
Entity typeoperating
IncorporatedNJ
Related Parties
1- filerCIK 0001017793
Filing Metadata
- Form type
- 4
- Filed
- Dec 12, 7:00 PM ET
- Accepted
- Dec 13, 1:32 PM ET
- Size
- 13.8 KB