Filing Details

Accession Number:
0001562180-16-002364
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-05-17 13:19:40
Reporting Period:
2016-05-17
Filing Date:
2016-05-17
Accepted Time:
2016-05-17 13:19:40
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1017793 Sun Bancorp Inc SNBC Commercial Banks, Nec (6029) 521382541
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1351139 Neelesh Kalani C/O Sun Bancorp, Inc.
350 Fellowship Road, Suite 101
Mount Laurel NJ 08054
Svp/Chief Accounting Officer No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2016-05-17 595 $21.58 4,376 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 2,427 Indirect 401 (k)
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Common Stock $21.08 2018-03-01 2026-03-01 1,373 1,373 Direct
Common Stock Incentive Stock Option (right to buy) $22.25 2013-02-17 2021-02-17 1,000 1,000 Direct
Common Stock Incentive Stock Option (right to buy) $18.50 2017-03-02 2025-03-02 825 825 Direct
Common Stock Incentive Stock Option (right to buy) $17.85 2014-03-01 2023-03-01 592 592 Direct
Common Stock Incentive Stock Option (right to buy) $16.80 2015-03-03 2024-03-03 703 703 Direct
Common Stock Incentive Stock Option (right to buy) $14.25 2013-03-01 2022-03-01 400 400 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2026-03-01 1,373 1,373 Direct
2021-02-17 1,000 1,000 Direct
2025-03-02 825 825 Direct
2023-03-01 592 592 Direct
2024-03-03 703 703 Direct
2022-03-01 400 400 Direct
Footnotes
  1. Total includes 2,995 shares of restricted stock granted on 11/15/12 which vests 1,283 shares on 11/15/16, 1,712 shares on 11/15/17.
  2. Total includes 403 shares of Restricted Stock granted 3/1/16 which vests 100 shares on 3/1/18, 101 shares on 3/1/19, 101 shares on 3/1/20 and 101 shares on 3/1/21.
  3. 25% is first earned and exercisable on 3/1/18 and 25% annually thereafter.
  4. 25% is first earned and exercisable on 2/17/13 and 25% annually thereafter.
  5. 25% is first earned and exercisable on 3/2/17 and 25% annually thereafter.
  6. 20% is first earned and exercisable on 3/1/14 and 20% annually thereafter.
  7. 20% is first earned and exercisable on 3/3/15 and 20% annually thereafter.
  8. 20% is first earned and exercisable on 3/1/13 and 20% annually thereafter.