Filing Details
- Accession Number:
- 0001140361-11-018477
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-03-24 16:11:00
- Reporting Period:
- 2011-03-22
- Filing Date:
- 2011-03-24
- Accepted Time:
- 2011-03-24 16:11:00
- 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 |
---|---|---|---|---|---|---|---|
1026610 | Jr L Wilbur Ross | 328 El Vedado Road Palm Beach FL 33480 | Yes | No | Yes | No | |
1202045 | Wl Ross & Co Llc | 600 Lexington Avenue New York NY 10022 | No | No | Yes | No | |
1414643 | Wlr Recovery Fund Iv Lp | 1166 Avenue Of The Americas 27Th Floor New York NY 10036 | No | No | Yes | No | |
1429295 | Wlr Recovery Associates Iv Llc | 1166 Avenue Of The Americas New York NY 10036 | No | No | Yes | No | |
1431790 | Wl Ross Group, L.p. | 1166 Avenue Of The Americas New York NY 10036 | No | No | Yes | No | |
1431791 | El Vedado, Llc | 1166 Avenue Of The Americas New York NY 10036 | No | No | Yes | No | |
1498175 | Wlr Sbi Acquisitionco, Llc | 1166 Avenue Of The Americas 27Th Floor New York NY 10036 | No | No | Yes | 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 | 6,186,114 | $2.85 | 18,655,114 | No | 4 | P | Indirect | See Footnotes |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Indirect | See Footnotes |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 239 | Direct |
Footnotes
- Shares of Common Stock are held directly by WLR SBI AcquisitionCo, LLC.
- Wilbur L. Ross, Jr. is the managing member of El Vedado, LLC, the general partner of WL Ross Group, L.P., which in turn is the managing member of WLR Recovery Associates IV LLC. WLR Recovery Associates IV LLC is the general partner of WLR Recovery Fund IV, L.P., which is the sole manager of WLR SBI AcquisitionCo, LLC, and WL Ross & Co. LLC is the investment manager of WL Ross Group, L.P. Accordingly, WLR Recovery Fund IV, L.P., WLR Recovery Associates IV LLC, WL Ross Group, L.P., El Vedado, LLC, Wilbur L. Ross, Jr. and WL Ross & Co. LLC may be deemed to share voting and dispositive power over the common stock held by WLR SBI AcquisitionCo, LLC.