Filing Details
- Accession Number:
- 0001140361-14-033664
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-08-20 16:34:55
- Reporting Period:
- 2014-08-19
- Filing Date:
- 2014-08-20
- Accepted Time:
- 2014-08-20 16:34:55
- 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 |
|---|---|---|---|---|---|---|---|
| 1221999 | R Thomas Brugger | 350 Fellowship Road, Suite 101 Mount Laurel NJ 08054 | Executive Vice President/Cfo | No | 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 | 2014-08-19 | 621 | $18.90 | 5,017 | No | 4 | P | Direct | |
| Common Stock | Acquisiton | 2014-08-19 | 94 | $18.92 | 5,111 | No | 4 | P | Direct | |
| Common Stock | Acquisiton | 2014-08-20 | 3,285 | $18.90 | 8,396 | No | 4 | P | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Direct | |
| No | 4 | P | Direct | |
| No | 4 | P | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 570 | Indirect | Stock Plan 7/18/13 |
| Common Stock | 4,000 | Indirect | Stock Plan 2/20/14 |
| Common Stock | 2,977 | Indirect | Stock Plan 3/3/14 |
| Common Stock | 96 | Indirect | 401(k) |
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) | $15.15 | 2014-11-15 | 2022-11-15 | 4,000 | 4,000 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2022-11-15 | 4,000 | 4,000 | Direct |
Footnotes
- Stock Option shall be first exercisable at the rate of one-fourth on the second anniversary of the Date of Grant and one-fourth annually thereafter; provided that the recipient is then an employee of the Bank.
- 50% is first earned and non-forfeitable as of the date that is one year from the effective date of such award and 50% two years from the effective date of such award.
- Stock Award shall vest 25% as of November 15, 2014 and 25% annually thereafter; provided that the recipient continues his service with the Company and the Bank.
- Stock Award shall vest equally over a 5-year period; 20% each year.
Billionaire Hedge Funds
