4//SEC Filing
SUN BANCORP INC /NJ/ 4
Accession 0001562180-17-001268
CIK 0001017793operating
Filed
Mar 14, 8:00 PM ET
Accepted
Mar 15, 5:54 PM ET
Size
16.9 KB
Accession
0001562180-17-001268
Insider Transaction Report
Form 4
KRAMER ELI
Director
Transactions
- Award
Common Stock
2017-03-13$24.80/sh+16$397→ 44,797 total
Holdings
- 5,599(indirect: By Trust)
Common Stock
- 459(indirect: By Spouse)
Common Stock
- 16,765(indirect: By LLC)
Common Stock
- 5,595(indirect: By Trust)
Common Stock
- 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) - 9,300
Non-Qualified Stock Option (right to buy)
Exercise: $25.50Exp: 2020-09-24→ Common Stock (9,300 underlying) - 2,632
Non-Qualified Stock Option (right to buy)
Exercise: $19.90Exp: 2020-01-21→ Common Stock (2,632 underlying)
Footnotes (7)
- [F1]Shares issued to Reporting Person by Issuer under the Issuer's Directors Deferred Fee Plan from investment into Issuer common stock of regular quarterly cash dividend payable on March 13, 2017.
- [F2]Total includes Director Deferred Fee Plan Trust of 40,266 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.
- [F3]Balance reflects February 28, 2017 transfer of 1,318 shares from Direct Ownership to CJ Management LLC Profit Sharing Plan FBO Eli Kramer.
- [F4]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.
- [F5]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.
- [F6]25% is first earned and exercisable on September 24, 2010 and 25% annually thereafter.
- [F7]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.
Issuer
SUN BANCORP INC /NJ/
CIK 0001017793
Entity typeoperating
IncorporatedNJ
Related Parties
1- filerCIK 0001017793
Filing Metadata
- Form type
- 4
- Filed
- Mar 14, 8:00 PM ET
- Accepted
- Mar 15, 5:54 PM ET
- Size
- 16.9 KB