Home > Insider Trading > Filing (0001140361-11-041876)

Filing Details

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	2011-08-12	20,000	$2.73	26,667	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.