Filing Details
- Accession Number:
- 0001140361-11-018219
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-03-23 13:06:22
- Reporting Period:
- 2011-03-22
- Filing Date:
- 2011-03-23
- Accepted Time:
- 2011-03-23 13:06:22
- 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 |
---|---|---|---|---|---|---|---|
1287706 | B Robert Crowl | 226 Landis Avenue Vineland NJ 08360 | 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 | 2011-03-22 | 6,667 | $3.00 | 6,667 | No | 4 | P | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 10,000 | Indirect | Stock Plan 3/2010 |
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) | $3.51 | 2012-03-04 | 2020-03-04 | 10,000 | 10,000 | Direct |
Common Stock | Incentive Stock Option (right to buy) | $4.32 | 2012-03-01 | 2021-03-01 | 30,000 | 30,000 | Direct |
Common Stock | Incentive Stock Option (right to buy) | $4.73 | 2013-12-31 | 2021-03-02 | 152,067 | 152,067 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2020-03-04 | 10,000 | 10,000 | Direct |
2021-03-01 | 30,000 | 30,000 | Direct |
2021-03-02 | 152,067 | 152,067 | Direct |
Footnotes
- Shares shall be 100% earned and non-forfeitable as of the date that is four years from the effective date of such award.
- 25% is first earned and exercisable on March 4, 2012, and 25% annually thereafter.
- 20% is first earned and exercisable on March 1, 2012, and 20% 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.