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Home > Insider Trading > Filing (0001140361-15-019638)

Filing Details

Accession Number:: 0001140361-15-019638
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2015-05-14 14:42:05
Reporting Period:: 2015-05-13

Filing Date:: 2015-05-14
Accepted Time:: 2015-05-14 14:42:05
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
1381048	M Thomas Obrien	C/O Sun Bancorp, Inc. 350 Fellowship Road, Suite 101 Mount Laurel NJ 08054	President & Ceo	Yes	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2015-05-13	5,000	$18.91	173,103	No	4	P	Direct

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

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Non-Qualified Stock Option (right to buy)	$20.45		2024-07-02	100,000	100,000	Direct
Common Stock	Non-Qualified Stock Option (right to buy)	$19.31		2025-03-26	63,604	63,604	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2024-07-02	100,000	100,000	Direct
2025-03-26	63,604	63,604	Direct

Footnotes

Total includes 90,362 of restricted stock which will vest at the rate of one-third after 24 months, one-third after 36 months, and one-third after 48 months from the date of grant.
Options are exercisable on the two year anniversary of the date of grant of 7/2/14.
25% is first earned and exercisable on March 26, 2017 and 25% annually thereafter.