Katsoulis Nicos 4
4 · SUN BANCORP INC /NJ/ · Filed Dec 20, 2017
Insider Transaction Report
Form 4
Katsoulis Nicos
EVP / Chief Lending Officer
Transactions
- Award
Common Stock
2017-12-19+0.366→ 952.824 total(indirect: 401 (k)) - Tax Payment
Common Stock
2017-12-19$25.30/sh−16,302$412,441→ 81,777 total
Holdings
- 16,956
Non-Qualified Stock
Exercise: $21.08From: 2017-12-19Exp: 2026-03-01→ Common Stock (16,956 underlying)
Footnotes (4)
- [F1]Shares withheld for tax withholding upon vesting of 42,906 shares of restricted stock granted on various dates.
- [F2]Total includes the shares of restricted stock, net of taxes, that vested on December 19, 2017 in accordance with the terms of the Sun Bancorp, Inc. 2010 Stock Based Incentive Plan and the Sun Bancorp, Inc. 2015 Omnibus Stock Incentive Plan.
- [F3]Various dates and prices.
- [F4]25% is first earned and exercisable on 12/19/2017. The remainder is earned and exercisable 25% on each of 3/1/19, 3/1/20 and 3/1/21.