SUN BANCORP INC /NJ/ 4
4 · SUN BANCORP INC /NJ/ · Filed Dec 14, 2016
Insider Transaction Report
Form 4
KRAMER ELI
Director
Transactions
- Award
Common Stock
2016-12-14+1,500→ 45,638 total
Holdings
- 459(indirect: By Spouse)
Common Stock
- 15,447(indirect: By LLC)
Common Stock
- 5,595(indirect: By Trust)
Common Stock
- 2,632
Non-Qualified Stock Option (right to buy)
Exercise: $19.90Exp: 2020-01-21→ Common Stock (2,632 underlying) - 1,217
Non-Qualified Stock Option (right to buy)
Exercise: $53.80Exp: 2018-01-22→ Common Stock (1,217 underlying) - 1,582
Non-Qualified Stock Option (right to buy)
Exercise: $30.90Exp: 2019-01-15→ Common Stock (1,582 underlying) - 5,599(indirect: By Trust)
Common Stock
- 9,300
Non-Qualified Stock Option (right to buy)
Exercise: $25.50Exp: 2020-09-24→ Common Stock (9,300 underlying)
Footnotes (6)
- [F1]Restricted Stock Award of 1,500 shares of Common Stock awarded on 12/14/16 with a Grant Date of 01/01/17 which vest one year from the Grant Date.
- [F2]Total includes Director Deferred Fee Plan Trust of 39,789 shares, which includes Restricted Stock Award of 1,500 shares of Common Stock awarded on 12/14/16 with a Grant Date of 01/01/17 which vest one year from the Grant Date, 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.