Filing Details
- Accession Number:
- 0001140361-11-018206
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-03-23 12:49:32
- Reporting Period:
- 2011-03-22
- Filing Date:
- 2011-03-23
- Accepted Time:
- 2011-03-23 12:49:32
- 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 |
|---|---|---|---|---|---|---|---|
| 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 | 2011-03-22 | 125 | $0.00 | 3,215 | No | 5 | A | Indirect | 401(k) |
| Common Stock | Acquisiton | 2011-03-22 | 8,333 | $3.00 | 29,333 | No | 4 | P | Indirect | IRA |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 5 | A | Indirect | 401(k) |
| No | 4 | P | Indirect | IRA |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 21,568 | Direct | |
| 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.
- Various
Billionaire Hedge Funds
