4//SEC Filing
MARINO WILLIAM J 4
Accession 0001562180-18-000525
CIK 0001017793other
Filed
Jan 31, 7:00 PM ET
Accepted
Feb 1, 1:05 PM ET
Size
5.4 KB
Accession
0001562180-18-000525
Insider Transaction Report
Form 4
MARINO WILLIAM J
Director
Transactions
- Disposition to Issuer
Common Stock
2018-01-31−37,744→ 0 total
Footnotes (1)
- [F1]On January 31, 2018 , pursuant to the Agreement and Plan of Merger, dated as of June 30, 2017 (the "Merger Agreement"), by and among Sun Bancorp, Inc. ("Sun"), Mercury Sub Corp. ("Merger Sub") and OceanFirst Financial Corp. ("Ocean"), Merger Sub merged with and into Sun (the "Merger"), with Sun as the surviving corporation in the Merger. Under the terms and conditions of the Merger Agreement, at the effective time of the Merger, each share of Sun common stock was converted into the right to receive either $24.99 in cash (the "Cash Consideration") or .9289 shares of Ocean common stock, at the election of the holder and subject to procedures applicable to oversubscription and undersubscription for Cash Consideration set forth in the Merger Agreement.
Documents
Issuer
SUN BANCORP INC /NJ/
CIK 0001017793
Entity typeother
Related Parties
1- filerCIK 0001195664
Filing Metadata
- Form type
- 4
- Filed
- Jan 31, 7:00 PM ET
- Accepted
- Feb 1, 1:05 PM ET
- Size
- 5.4 KB