4//SEC Filing
SUN BANCORP INC /NJ/ 4
Accession 0001562180-17-001124
CIK 0001017793operating
Filed
Mar 5, 7:00 PM ET
Accepted
Mar 6, 3:57 PM ET
Size
10.7 KB
Accession
0001562180-17-001124
Insider Transaction Report
Form 4
BRUGGER THOMAS R
EVP/CFO of Sun National Bank
Transactions
- Tax Payment
Common Stock
2017-03-03$25.70/sh−236$6,065→ 24,837 total
Holdings
- 1,247.31(indirect: 401 (k))
Common Stock
- 4,000
Incentive Stock Option (right to buy)
Exercise: $15.15From: 2014-11-15Exp: 2022-11-15→ Common Stock (4,000 underlying) - 10,497
Non-Qualified Stock Option (right to buy)
Exercise: $21.08From: 2018-03-01Exp: 2026-03-01→ Common Stock (10,497 underlying) - 8,077
Non-Qualified Stock Option (right to buy)
Exercise: $19.31From: 2017-03-26Exp: 2025-03-26→ Common Stock (8,077 underlying)
Footnotes (8)
- [F1]Shares withheld for tax withholding upon vesting of 596 shares of restricted stock granted 3/3/14.
- [F2]Total includes 7,634 shares of restricted stock awarded on 2/28/17 with a grant date of 3/1/17 which vests 1909 on 3/1/2018, 1909 on 3/1/2019, 1908 on 3/1/2020 and 1908 on 3/1/21.
- [F3]Total includes 1,000 shares of restricted stock awarded on 2/20/14 which vests on 11/15/17.
- [F4]Total includes 1,191 shares of restricted stock granted on 3/3/14 which vests 595 shares on 3/3/18 and 596 shares on 3/3/19.
- [F5]Total includes 3,083 shares of restricted stock granted 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.
- [F6]25% is first earned and exercisable on 11/15/14 and 25% annually thereafter.
- [F7]25% is first earned and exercisable on 3/1/18 and 25% annually thereafter.
- [F8]25% is first earned and exercisable on 3/26/17 and 25% annually thereafter.
Documents
Issuer
SUN BANCORP INC /NJ/
CIK 0001017793
Entity typeoperating
IncorporatedNJ
Related Parties
1- filerCIK 0001017793
Filing Metadata
- Form type
- 4
- Filed
- Mar 5, 7:00 PM ET
- Accepted
- Mar 6, 3:57 PM ET
- Size
- 10.7 KB