SEC Form 4 · accession 0001562180-16-003166
SUN BANCORP INC /NJ/ · SNBC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anthony M D'Imperio
Officer — SVP/Chief Credit Officer · Other
Period of report
Sep 29, 2016
Accepted (ET)
Sep 30, 2016 · 1:32 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 StockF2,F1 | Sep 29, 2016 | F | 1,031 | $22.62 | D | 5,528 | D | |
| Common StockF3 | Sep 29, 2016 | A | 1,046 | — | A | 1,046 | I | 401 (k) |
| Common StockF1 | holding | — | — | — | 6,559 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock Option (right to buy)F4 | $15.00 | holding | — | — | — | Sep 20, 2013 | Sep 20, 2022 | Common Stock | 1,000 | 1,000 | D |
| Incentive Stock Option (right to buy)F5 | $17.85 | holding | — | — | — | Mar 1, 2014 | Mar 1, 2023 | Common Stock | 1,087 | 1,087 | D |
| Incentive Stock Option (right to buy)F6 | $16.80 | holding | — | — | — | Mar 3, 2015 | Mar 3, 2024 | Common Stock | 3,429 | 3,429 | D |
Explanation of responses
- F1Total includes 3,000 shares of Restricted Stock granted on November 23, 2015 which vests 100% on June 30, 2017.
- F2Shares withheld for tax withholdings upon vesting of 3,000 shares of Restricted Stock granted on September 29, 2014.
- F3Various dates and prices.
- F425% is first earned and exercisable on September 20, 2013 and 25% annually thereafter.
- F520% is first earned and exercisable on March 1, 2014 and 20% annually thereafter.
- F620% is first earned and exercisable on March 3, 2015 and 20% annually thereafter.