SUN BANCORP INC /NJ/ 4
4 · SUN BANCORP INC /NJ/ · Filed Jun 29, 2017
Insider Transaction Report
Form 4
Lockhart James B. III
Director
Transactions
- Award
Common Stock
2017-06-27+870→ 970 total
Holdings
- 4,255,848(indirect: By LLC)
Common Stock
Footnotes (3)
- [F1]Restricted Stock Award of 870 shares awarded on 6/27/17 with a Grant Date of 6/27/17 which vest on January 1, 2018.
- [F2]Total includes Restricted Stock Award of 870 shares of Common Stock awarded on 6/27/17 with a Grant Date of 6/27/17 which vest on January 1, 2018.
- [F3]James B. Lockhart III is the Vice Chairman of WL Ross & Co. LLC, which is the managing member of WLR Recovery Associates IV LLC. WLR Recovery Associates IV LLC is the general partner of WLR Recovery Fund IV, L.P., which is the sole manager of WLR SBI AcquisitionCo, LLC. WL Ross & Co. LLC is the investment manager of WLR Recovery Fund IV, L.P. Accordingly, WLR Recovery Associates IV LLC, WLR Recovery Fund IV, L.P., WLR SBI AcquisitionCo, LLC, WL Ross & Co. LLC and James B. Lockhart III may be deemed to share voting and dispositive power over the common stock held by WLR SBI AcquisitionCo, LLC. I, James B. Lockhart III, hereby disclaim beneficial ownership of the interests set forth above, except for my pecuniary interest therein.