Filing Details
- Accession Number:
- 0001562180-16-001613
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-02-12 14:54:29
- Reporting Period:
- 2016-02-11
- Filing Date:
- 2016-02-12
- Accepted Time:
- 2016-02-12 14:54:29
- 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 | No | 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 | 2016-02-11 | 5,000 | $20.46 | 178,103 | No | 4 | P | Direct | |
| Common Stock | Acquisiton | 2016-02-11 | 528 | $0.00 | 528 | No | 5 | A | Indirect | 401(k) |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Direct | |
| No | 5 | A | Indirect | 401(k) |
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) | $20.45 | 2016-07-02 | 2024-07-02 | 100,000 | 100,000 | Direct |
| Common Stock | Non-Qualified Stock Option (right to buy) | $19.31 | 2017-03-26 | 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.
- Various dates and prices.
- 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.
Billionaire Hedge Funds
