SEC Form 4 · accession 0001562180-17-003751
SUN BANCORP INC /NJ/ · SNBC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eli Kramer
Director
Period of report
Dec 5, 2017
Accepted (ET)
Dec 6, 2017 · 3:50 pm EST
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 StockF1,F2 | Dec 5, 2017 | A | 16 | $25.90 | A | 46,305 | D | |
| Common Stock | holding | — | — | — | 5,599 | I | Brian Kramer Trust | |
| Common Stock | holding | — | — | — | 459 | I | by Spouse | |
| Common Stock | holding | — | — | — | 16,765 | I | The CJ Management LLC PSP FBO Eli Kramer | |
| Common Stock | holding | — | — | — | 5,595 | I | Tracy Kramer Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F3 | $53.80 | holding | — | — | — | — | Jan 22, 2018 | Common Stock | 1,217 | 1,217 | D |
| Non-Qualified Stock Option (right to buy)F3 | $30.90 | holding | — | — | — | — | Jan 15, 2019 | Common Stock | 1,582 | 1,582 | D |
| Non-Qualified Stock Option (right to buy)F3 | $25.50 | holding | — | — | — | — | Sep 24, 2020 | Common Stock | 9,300 | 9,300 | D |
| Non-Qualified Stock Option (right to buy)F3 | $19.90 | holding | — | — | — | — | Jan 21, 2020 | Common Stock | 2,632 | 2,632 | D |
Explanation of responses
- F1Shares issued to Reporting Person under the Issuer's Directors Deferred Fee Plan from investment of regular quarterly cash dividend payable on December 5, 2017 into Issuer common stock.
- F2Total includes Director Deferred Fee Plan Trust of 41,774 shares, which includes Restricted Stock Award of 1,500 shares of Common Stock awarded on 12/14/16 with a Grant Date of 01/01/17 which vest one year from the Grant Date.
- F3Options fully vested and exercisable.