Filing Details

Accession Number:
0001562180-16-001613
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-02-12 14:54:29
Reporting Period:
2016-02-11
Filing Date:
2016-02-12
Accepted Time:
2016-02-12 14:54:29
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
1381048 M Thomas Obrien C/O Sun Bancorp, Inc.
350 Fellowship Road, Suite 101
Mount Laurel NJ 08054
President & Ceo 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 Acquisiton 2016-02-11 5,000 $20.46 178,103 No 4 P Direct
Common Stock Acquisiton 2016-02-11 528 $0.00 528 No 5 A Indirect 401(k)
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 5 A Indirect 401(k)
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Non-Qualified Stock Option (right to buy) $20.45 2016-07-02 2024-07-02 100,000 100,000 Direct
Common Stock Non-Qualified Stock Option (right to buy) $19.31 2017-03-26 2025-03-26 63,604 63,604 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2024-07-02 100,000 100,000 Direct
2025-03-26 63,604 63,604 Direct
Footnotes
  1. Total includes 90,362 of restricted stock which will vest at the rate of one-third after 24 months, one-third after 36 months, and one-third after 48 months from the date of grant.
  2. Various dates and prices.
  3. Options are exercisable on the two year anniversary of the date of grant of 7/2/14.
  4. 25% is first earned and exercisable on March 26, 2017 and 25% annually thereafter.