4//SEC Filing
SUN BANCORP INC /NJ/ 4
Accession 0000946275-09-000379
CIK 0001017793operating
Filed
Apr 20, 8:00 PM ET
Accepted
Apr 21, 2:31 PM ET
Size
17.9 KB
Accession
0000946275-09-000379
Insider Transaction Report
Form 4
DANSBURY ARTHUR B
Executive Vice President
Transactions
- Other
Common Stock
2009-04-17$7.65/sh+10,500$80,325→ 14,964 total - Tax Payment
Common Stock
2009-04-17$7.65/sh−3,306$25,291→ 11,658 total - Award
Common Stock
2009-04-17+264→ 8,879 total(indirect: By 401(k)) - Other
Common Stock
2009-04-17$7.65/sh−10,500$80,325→ 15,003 total(indirect: Stock Plan)
Holdings
- 54,009
Incentive Stock Option (right to buy)
Exercise: $8.49From: 2002-07-24Exp: 2012-01-24→ Common Stock (54,009 underlying) - 19,441
Incentive Stock Option (right to buy)
Exercise: $15.43From: 2008-07-19Exp: 2017-07-19→ Common Stock (19,441 underlying) - 1,558
Non-Qualified Stock Option (right to buy)
Exercise: $15.43From: 2008-07-19Exp: 2017-07-19→ Common Stock (1,558 underlying) - 30,412
Non-Qualified Stock Option (right to buy)
Exercise: $8.49From: 2002-07-24Exp: 2012-01-23→ Common Stock (30,412 underlying) - 8,273(indirect: Stock Plan '09)
Common Stock
- 2,678(indirect: By IRA)
Common Stock
- 7,386
Incentive Stock Option (right to buy)
Exercise: $5.59From: 2002-04-02Exp: 2011-04-02→ Common Stock (7,386 underlying)
Footnotes (6)
- [F1]Vesting of prior Award.
- [F2]Various
- [F3]Stock awards shall be 100% earned and non-forfeitable as of February 19, 2013, provided, however, such awards shall not be deemed vested prior to such time is permissible in accordance with Section 111(b) of the Emergency Economic Stabilization Act of 2008 (12 USC 5221), as amended, and regulations promulgated thereunder.
- [F4]First exercisable at the rate of 20% as of 6 months from the date of grant and 20% on each of the next 4 anniversaries of the first vesting event.
- [F5]First exercisable at the rate of 33 1/3% as of one year from the date of grant and 33 1/3% on each of the next 2 anniversaries of the first vesting event.
- [F6]494 options are first exercisable as of one year from the date of grant and 495 options on each of the next 2 anniversaries of the first vesting event.
Documents
Issuer
SUN BANCORP INC /NJ/
CIK 0001017793
Entity typeoperating
IncorporatedNJ
Related Parties
1- filerCIK 0001017793
Filing Metadata
- Form type
- 4
- Filed
- Apr 20, 8:00 PM ET
- Accepted
- Apr 21, 2:31 PM ET
- Size
- 17.9 KB