SEC Form 4 · accession 0001140361-15-022095
SUN BANCORP INC /NJ/ · SNBC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nicos Katsoulis
Officer — EVP/Chief Lending Officer
Period of report
May 26, 2015
Accepted (ET)
May 28, 2015 · 4:15 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001017793
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 26, 2015 | P | 31,141 | $19.2672 | A | 31,141 | D | |
| Common StockF1,F2 | May 26, 2015 | A | 46,712 | $19.2672 | A | 77,853 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted Stock Award of 46,712 granted on May 26, 2015 will vest at the rate of 25% on November 10, 2016, 25% on November 10, 2017, 50% on November 10, 2018.
- F2Total includes 46,712 restricted shares granted on May 26, 2015 which will vest 25% on November 10, 2016, 25% on November 10, 2017 and 50% on November 10, 2018.