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Home > Insider Trading > Filing (0001140361-10-038477)

Filing Details

Accession Number:: 0001140361-10-038477
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2010-09-24 13:48:23
Reporting Period:: 2010-06-09

Filing Date:: 2010-09-24
Accepted Time:: 2010-09-24 13:48:23
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
1228873	S Jeffrey 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	94,250	$4.00	320,106	No	4	P	Direct
Preferred Stock	Acquisiton	2010-09-22	1,123	$1,000.00	1,123	No	4	P	Direct
Common Stock	Acquisiton	2010-09-22	299,583	$4.00	349,156	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	2010-09-22	28,280	$4.00	39,297	No	4	P	Indirect	Jeff Brown Agt Trust
Preferred Stock	Acquisiton	2010-09-22	336	$1,000.00	336	No	4	P	Indirect	Jeff Brown Agt Trust
Common Stock	Acquisiton	2010-06-09	1,000	$4.02	14,910	No	4	G	Indirect	Son - Joshua
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.
Common Stock	Acquisiton	2010-09-22	28,297	$4.00	28,297	No	4	P	Indirect	NFI Interactive Logistics, LLC
Preferred Stock	Acquisiton	2010-09-22	336	$1,000.00	336	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.

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct
No	4	P	Direct
No	4	P	Indirect	Four Bs Partnership
No	4	P	Indirect	Four Bs Partnership
No	4	P	Indirect	Jeff Brown Agt Trust
No	4	P	Indirect	Jeff Brown Agt Trust
No	4	G	Indirect	Son - Joshua
No	4	P	Indirect	National Freight, Inc.
No	4	P	Indirect	National Freight, Inc.
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.

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	116,420	Indirect	2009 GRAT Jeff Brown
Common Stock	18,161	Indirect	Daughter Nicole
Common Stock	15,335	Indirect	Jeff & Tracey Brn Fdn
Common Stock	22,332	Indirect	NFI Intl. Ltd.
Common Stock	2,025	Indirect	Son Steven G. Brown

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

Each Preferred Share, purchase price of $1,000, convertible into 250 shares of Common Stock, following shareholder approval of additional authorized shares.