Filing Details

Accession Number:
0001140361-11-041061
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-08-11 09:37:23
Reporting Period:
2011-08-10
Filing Date:
2011-08-11
Accepted Time:
2011-08-11 09:37:23
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
1228873 S Jeffrey Brown 226 Landis Ave
Vineland NJ 08360
Yes 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 2011-08-10 68,710 $2.85 714,959 No 4 P Direct
Common Stock Acquisiton 2011-08-10 24,433 $2.85 1,265,589 No 4 P Indirect Four Bs Partnership
Common Stock Acquisiton 2011-08-10 12,216 $2.85 193,992 No 4 P Indirect Jeff Brown Agt Trust
Common Stock Acquisiton 2011-08-10 12,216 $2.85 182,992 No 4 P Indirect NFI InteractLogistic
Common Stock Acquisiton 2011-08-10 20,400 $2.85 186,461 No 4 P Indirect Nat'l Distr. Centers
Common Stock Acquisiton 2011-08-10 12,150 $2.85 95,316 No 4 P Indirect National Freight, Inc.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P Indirect Four Bs Partnership
No 4 P Indirect Jeff Brown Agt Trust
No 4 P Indirect NFI InteractLogistic
No 4 P Indirect Nat'l Distr. Centers
No 4 P Indirect National Freight, Inc.
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 116,420 Indirect 2009 GRAT Jeff Brown
Common Stock 24,161 Indirect Daughter Nicole
Common Stock 51,716 Indirect Jeff & Tracey Brn Fdn
Common Stock 22,332 Indirect NFI Intl. Ltd.
Common Stock 20,910 Indirect Son-Joshua
Common Stock 8,025 Indirect Son-Steven G. Brown
Common Stock 1,875 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 Non-Qualified Stock Option (right to buy) $5.10 2010-09-24 2020-09-24 15,500 15,500 Direct
Common Stock Non-Qualified Stock Option (right to buy) $8.09 2002-01-24 2012-01-24 4,429 4,429 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2020-09-24 15,500 15,500 Direct
2012-01-24 4,429 4,429 Direct
Footnotes
  1. 25% first earned and non-forfeitable on September 24, 2010 and 25% annually thereafter.
  2. 25% is first earned and exercisable on September 24, 2010 and 25% annually thereafter.