SUN BANCORP INC /NJ/ 4
4 · SUN BANCORP INC /NJ/ · Filed Dec 14, 2016
Insider Transaction Report
Form 4
GALETTO PETER JR
Director
Transactions
- Award
Common Stock
2016-12-14+1,500→ 63,150 total
Holdings
- 967(indirect: By Children)
Common Stock
- 8,551(indirect: Galetto Realty Co.)
Common Stock
- 9,800
Non-Qualified Stock Option (right to buy)
Exercise: $25.50From: 2010-09-24Exp: 2020-09-24→ Common Stock (9,800 underlying) - 6,461(indirect: By Spouse)
Common Stock
- 7,201(indirect: Stanker & Galetto)
Common Stock
- 22,056(indirect: By Trust)
Common Stock
Footnotes (3)
- [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]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.
- [F3]25% is first earned and exercisable on September 24, 2010 and 25% annually thereafter.