BRUGGER THOMAS R 4
4 · SUN BANCORP INC /NJ/ · Filed Dec 20, 2017
Insider Transaction Report
Form 4
BRUGGER THOMAS R
EVP/CFO of Sun National Bank
Transactions
- Award
Common Stock
2017-12-19+0.489→ 1,249.319 total(indirect: 401 (k)) - Tax Payment
Common Stock
2017-12-19$25.30/sh−4,436$112,231→ 20,087 total
Holdings
- 8,077
Non-Qualified Stock Option (right to buy)
Exercise: $19.31From: 2017-03-26Exp: 2025-03-26→ Common Stock (8,077 underlying) - 4,000
Incentive Stock Option
Exercise: $15.15From: 2014-11-15Exp: 2022-11-15→ Common Stock (4,000 underlying) - 10,497
Non-Qualified Stock Option (right to buy)
Exercise: $21.08From: 2017-12-19Exp: 2026-03-01→ Common Stock (10,497 underlying)
Footnotes (6)
- [F1]Shares withheld for tax withholdings upon vesting of 11,908 shares of restricted stock granted on various dates.
- [F2]Total includes the shares of restricted stock, net of taxes, that vested on December 19, 2017 in accordance with the terms of the Sun Bancorp, Inc. 2010 Stock-Based Incentive Plan and the Sun Bancorp, Inc. 2015 Omnibus Stock Incentive Plan.
- [F3]Various dates and prices.
- [F4]Options fully vested and exercisable.
- [F5]25% is first earned and exercisable on 12/19/17. The remainder is earned and exercisable 25% on each of 3/1/19, 3/1/20 and 3/1/21.
- [F6]25% is first earned and exercisable on 3/26/17; 25% on 12/19/17 and 25% on each of 3/26/19 and 3/26/20.