SUN BANCORP INC /NJ/ 4
4 · SUN BANCORP INC /NJ/ · Filed Mar 2, 2017
Insider Transaction Report
Form 4
MORRIS ANTHONY J
EVP/Chief Banking OfficerOther
Transactions
- Award
Common Stock
2017-02-28+7,634→ 13,440 total - Award
Common Stock
2017-02-28+423.193→ 526.477 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]Total includes 7,634 shares of restricted stock awarded on 2/28/17 with a grant date of 3/1/17 which vest 1,909 on 3/1/2018, 1,909 on 3/1/2019, 1,908 on 3/1/2020 and 1,908 on 3/1/2021.
- [F2]Total includes 2,250 shares of restricted stock awarded 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 awarded 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.