SUN BANCORP INC /NJ/ 4

4 · SUN BANCORP INC /NJ/ · Filed Mar 2, 2017

Form 4

Period: 2017-02-28

DirectorPresident and CEO

Transactions

Holdings

Non-Qualified Stock Option (right to buy)
Exercise: $19.31From: 2017-03-26Exp: 2025-03-26→ Common Stock (63,604 underlying)
63,604
Non-Qualified Stock Option (right to buy)
Exercise: $20.45From: 2016-07-02Exp: 2024-07-02→ Common Stock (100,000 underlying)
100,000

Footnotes (11)

[F1]Restricted shares of stock awarded 2/28/17 with a grant date of 3/1/17 which will vest 50% 3/1/2018 and 50% 3/1/2019.
[F10]Options are exercisable on the two year anniversary of the date of grant of 7/2/14.
[F11]33 1/3% is first earned and exercisable on March 26, 2017 and 33 1/3% annually thereafter.
[F2]Total includes a stock award of 5,725 shares awarded 2/28/17 with a grant date of 3/1/17 which will vest at the rate of 50% on 3/1/2018 and 50% on 3/1/2019.
[F3]Total includes 25,132 shares of restricted stock granted 4/1/16 which will vest at the rate of one-third after 24 months, one-third after 36 months and one-third after 48 months from date of grant.
[F4]Total includes 25,132 shares of restricted stock granted 4/1/16 which will vest at the rate of 50% on 6/30/17 and 50% on 6/30/18.
[F5]Total includes 90,362 shares of restricted stock granted 7/2/14 of which one-third vested on July 2, 2016 and the remainder will vest one-third in July 2017 and one-third in July 2018.
[F6]Total includes 9,574 shares of restricted stock granted 4/1/16 which will vest at the rate of 50% on 6/30/17 and 50% on 6/30/18.
[F7]Restricted shares of stock awarded 2/28/17 with a grant date of 3/1/17 which will vest 100% 4/1/2018.
[F8]Total includes a stock award of 8,588 awarded 2/28/17 with a grant date of 3/1/17 which will vest 100% on 4/1/2018.
[F9]Various dates and prices.

Documents

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