MORRIS ANTHONY J 4
4 · SUN BANCORP INC /NJ/ · Filed Dec 20, 2017
Insider Transaction Report
Form 4
MORRIS ANTHONY J
EVP/Chief Banking OfficerOther
Transactions
- Tax Payment
Common Stock
2017-12-19$25.30/sh−4,551$115,140→ 8,612 total - Award
Common Stock
2017-12-19+0.202→ 527.324 total(indirect: 401 (k))
Holdings
- 10,497
Non-Qualified Stock Option (right to buy)
Exercise: $21.08From: 2017-12-19Exp: 2026-03-01→ Common Stock (10,497 underlying) - 1,000
Incentive Stock Option (right to buy)
Exercise: $18.73From: 2016-11-20Exp: 2024-11-20→ Common Stock (1,000 underlying)
Footnotes (5)
- [F1]Shares withheld for tax withholding upon vesting of 12,217 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 11/20/16 and 25% annually thereafter.
- [F5]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.