Home > Insider Trading > Filing (0001140361-11-041261)

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
1423035	X Thomas Geisel	226 Landis Avenue Vineland NJ 08360	President & Ceo	Yes	Yes	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	2011-08-10	2,859	$2.35	32,192	No	4	P	Indirect	IRA

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	IRA

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	21,568	Direct
Common Stock	3,215	Indirect	401(k)
Common Stock	21,022	Indirect	Stock Plan
Common Stock	35,000	Indirect	Stock Plan 1/21/2010
Common Stock	20,625	Indirect	Stock Plan 9/24/10

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Incentive Stock Option (right to buy)	$4.73	2013-12-31	2021-03-02	321,037	321,037	Direct
Common Stock	Incentive Stock Option (right to buy)	$11.90	2010-01-07	2018-01-07	33,634	33,634	Direct
Common Stock	Non-Qualified Stock Option (right to buy)	$3.98		2020-01-21	75,000	75,000	Direct
Common Stock	Non-Qualified Stock Option (right to buy)	$5.10	2010-09-24	2020-09-24	113,600	113,600	Direct
Common Stock	Non-Qualified Stock Option (right to buy)	$11.90	2010-01-07	2018-01-07	170,326	170,326	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2021-03-02	321,037	321,037	Direct
2018-01-07	33,634	33,634	Direct
2020-01-21	75,000	75,000	Direct
2020-09-24	113,600	113,600	Direct
2018-01-07	170,326	170,326	Direct

Footnotes

Shares shall be 100% earned and non-forfeitable as of the date that is two years from the effective date of such award.
25% first earned and non-forfeitable on September 24, 2010 and 25% annually thereafter.
Awarded and administered as per the approved 2010 Performance Equity Plan. Maximum options that become earned and exercisable if Board established long-term performance objectives are achieved by 12/31/2013.
25% is first earned and exercisable on 1/7/2010, and 25% annually, thereafter.
Stock Option shall be 100% earned and exercisable as of the date that is two years from the effective date of such award.
25% is first earned and exercisable on September 24, 2010 and 25% annually, thereafter.