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Home > Insider Trading > Filing (0001140361-10-038475)

Filing Details

Accession Number:: 0001140361-10-038475
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2010-09-24 13:30:32
Reporting Period:: 2010-06-09

Filing Date:: 2010-09-24
Accepted Time:: 2010-09-24 13:30:32
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
1228872	J Irwin Brown	226 Landis Ave Vineland NJ 08360		Yes	No	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2010-09-22	299,583	$4.00	349,155	No	4	P	Indirect	Four Bs Partnership
Preferred Stock	Acquisiton	2010-09-22	3,568	$1,000.00	3,568	No	4	P	Indirect	Four Bs Partnership
Common Stock	Acquisiton	2010-06-09	1,000	$4.02	32,290	No	4	G	Indirect	Son - Zachary
Common Stock	Acquisiton	2010-09-22	56,594	$4.00	56,594	No	4	P	Indirect	NFI Interactive Logistics, LLC
Preferred Stock	Acquisiton	2010-09-22	673	$1,000.00	673	No	4	P	Indirect	NFI Interactive Logistics, LLC
Common Stock	Acquisiton	2010-09-22	41,811	$4.00	41,811	No	4	P	Indirect	National Distribution Centers, L.P.
Preferred Stock	Acquisiton	2010-09-22	497	$1,000.00	497	No	4	P	Indirect	National Distribution Centers, L.P.
Common Stock	Acquisiton	2010-09-22	20,916	$4.00	20,916	No	4	P	Indirect	National Freight, Inc.
Preferred Stock	Acquisiton	2010-09-22	249	$1,000.00	249	No	4	P	Indirect	National Freight, Inc.

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	Four Bs Partnership
No	4	P	Indirect	Four Bs Partnership
No	4	G	Indirect	Son - Zachary
No	4	P	Indirect	NFI Interactive Logistics, LLC
No	4	P	Indirect	NFI Interactive Logistics, LLC
No	4	P	Indirect	National Distribution Centers, L.P.
No	4	P	Indirect	National Distribution Centers, L.P.
No	4	P	Indirect	National Freight, Inc.
No	4	P	Indirect	National Freight, Inc.

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	276,368	Direct
Common Stock	4,032	Indirect	Dir. Fee Defer Plan
Common Stock	37,146	Indirect	Ike & Candy Brn Foundation
Common Stock	5,250	Indirect	JAZ Enterprises
Common Stock	22,330	Indirect	NFI Intl. Ltd.
Common Stock	1,012	Indirect	Son-Jordan
Common Stock	25,828	Indirect	Son - Aaron
Common Stock	7,377	Indirect	by Spouse

Reported Derivative Holdings

Show Other Fields >>

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Non-Qualified Stock Option (right to buy)	$8.09	2002-01-24	2012-01-24	4,429	4,429	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2012-01-24	4,429	4,429	Direct

Footnotes

Does not have pecuniary interest.
Each Preferred Share, purchase price of $1,000, convertible into 250 shares of Common Stock, following shareholder approval of additional authorized shares.