Filing Details
- Accession Number:
- 0001140361-11-054915
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-11-23 14:39:25
- Reporting Period:
- 2011-11-22
- Filing Date:
- 2011-11-23
- Accepted Time:
- 2011-11-23 14:39:25
- 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 |
|---|---|---|---|---|---|---|---|
| 1228878 | Jr Peter Galetto | 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 | 2011-09-24 | 2,812 | $2.61 | 194,735 | No | 5 | J | Direct | |
| Common Stock | Acquisiton | 2011-11-22 | 10,000 | $2.32 | 204,735 | No | 4 | P | Direct | |
| Common Stock | Disposition | 2011-09-24 | 2,812 | $2.61 | 5,626 | No | 5 | J | Indirect | Stock Plan 9/24/10 |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 5 | J | Direct | |
| No | 4 | P | Direct | |
| No | 5 | J | Indirect | Stock Plan 9/24/10 |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 4,835 | Indirect | Galetto Children |
| Common Stock | 42,754 | Indirect | Galetto Realty Co |
| Common Stock | 187,803 | Indirect | Irrevocable Trust |
| Common Stock | 36,005 | Indirect | Stanker & Galetto |
| Common Stock | 32,305 | Indirect | by Spouse |
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 | 49,000 | 49,000 | Direct |
| Common Stock | Non-Qualified Stock Option (right to buy) | $8.09 | 2002-07-24 | 2012-01-24 | 29,547 | 29,547 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2020-09-24 | 49,000 | 49,000 | Direct |
| 2012-01-24 | 29,547 | 29,547 | Direct |
Footnotes
- 25% first earned and non-forfeitable on September 24, 2010 and 25% annually thereafter.
- 25% is first earned and exercisable on September 24, 2010 and 25% annually thereafter.
- Vesting of Stock Award.
Billionaire Hedge Funds
