SEC Form 4 · accession 0001562180-18-000096
SUN BANCORP INC /NJ/ · SNBC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eli Kramer
Director
Period of report
Jan 2, 2018
Accepted (ET)
Jan 3, 2018 · 10:22 am 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,F3 | Jan 2, 2018 | A | 493 | $24.30 | A | 45,398 | D | |
| Common StockF4 | holding | — | — | — | 0 | I | Brian Kramer Trust | |
| Common Stock | holding | — | — | — | 459 | I | by Spouse | |
| Common StockF2 | holding | — | — | — | 18,165 | I | The CJ Management LLC PSP FBO Eli Kramer | |
| Common StockF5 | holding | — | — | — | 0 | 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)F6 | $53.80 | holding | — | — | — | — | Jan 22, 2018 | Common Stock | 1,217 | 1,217 | D |
| Non-Qualified Stock Option (right to buy)F6 | $30.90 | holding | — | — | — | — | Jan 15, 2019 | Common Stock | 1,582 | 1,582 | D |
| Non-Qualified Stock Option (right to buy)F6 | $25.50 | holding | — | — | — | — | Sep 24, 2020 | Common Stock | 9,300 | 9,300 | D |
| Non-Qualified Stock Option (right to buy)F6 | $19.90 | holding | — | — | — | — | Jan 21, 2020 | Common Stock | 2,632 | 2,632 | D |
Explanation of responses
- F1Shares issued to Reporting Person under the Directors Deferred Fee Plan for directors fees earned during the quarter ended December 31, 2017.
- F2Balance reflects December 13, 2017 transfer of 1,400 shares from Direct Ownership to CJ Management LLC Profit Sharing Plan FBO Eli Kramer.
- F3Total includes Director Deferred Fee Plan Trust of 42,267 shares.
- F4As of December 8, 2017, Reporting Person is no longer Trustee of the Brian Kramer Trust.
- F5As of December 8, 2017, Reporting Person is no longer Trustee of the Tracy Kramer Trust.
- F6Options fully vested and exercisable.