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