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Filing Details

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
1222899	Eli Kramer	C/O Sun Bancorp, Inc. 226 Landis Avenue Vineland NJ 08360		Yes	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	2011-09-24	2,500	$2.61	52,214	No	5	J	Direct
Common Stock	Acquisiton	2011-11-22	6,810	$2.40	46,075	No	4	P	Indirect	PEKMPP Pension Plan
Common Stock	Acquisiton	2011-11-22	3,190	$2.42	49,265	No	4	P	Indirect	PEKMPP Pension Plan
Common Stock	Disposition	2011-09-24	2,500	$2.61	5,000	No	5	J	Indirect	Stock Plan 9/24/10

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	5	J	Direct
No	4	P	Indirect	PEKMPP Pension Plan
No	4	P	Indirect	PEKMPP Pension Plan
No	5	J	Indirect	Stock Plan 9/24/10

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	27,997	Indirect	Brian Kramer Trust
Common Stock	37,594	Indirect	Director Fee Deferred Plan
Common Stock	27,976	Indirect	Tracy Kramer Trust
Common Stock	2,295	Indirect	Spouse

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)	$3.98		2020-01-21	13,157	13,157	Direct
Common Stock	Non-Qualfied Stock Option (right to buy)	$5.10	2010-09-24	2020-09-24	46,500	46,500	Direct
Common Stock	Non-Qualified Stock Option (right to buy)	$6.18		2019-01-15	7,907	7,907	Direct
Common Stock	Non-Qualified Stock Option (right to buy)	$8.60	2004-07-08	2012-01-17	2,158	2,158	Direct
Common Stock	Non-Qualified Stock Option (right to buy)	$10.76		2018-01-22	6,082	6,082	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2020-01-21	13,157	13,157	Direct
2020-09-24	46,500	46,500	Direct
2019-01-15	7,907	7,907	Direct
2012-01-17	2,158	2,158	Direct
2018-01-22	6,082	6,082	Direct

Footnotes

25% first earned and non-forfeitable on September 24, 2010 and 25% annually thereafter.
First exercisable at the rate of one-fifth on the one-year anniversary of the Date of Grant and one-fifth annually thereafter during such periods of continued service as a director of the Company.
25% is first earned and exercisable on September 24, 2010 and 25% annually thereafter.
First exercisable at the rate of one-third on the second anniversary of the date of grant and one-third annually thereafter during such periods of continued service as a director.
First exercisable at the rate of one-fifth one year from the date of grant and one-fifth annually thereafter during such periods of continued service as a director.
Vesting of Stock Award.