-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, NJIuUh/MAMVuJJ92MM7C2HeqRJqlR7wu0A/KoQ+489v1phlPZXFHlHfEz0BeMktQ X32mRttpciI/onlrI7Rjpg== 0000946275-98-000104.txt : 19980218 0000946275-98-000104.hdr.sgml : 19980218 ACCESSION NUMBER: 0000946275-98-000104 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 19980213 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SUN BANCORP INC /NJ/ CENTRAL INDEX KEY: 0001017793 STANDARD INDUSTRIAL CLASSIFICATION: COMMERCIAL BANKS, NEC [6029] IRS NUMBER: 521382541 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-53335 FILM NUMBER: 98539955 BUSINESS ADDRESS: STREET 1: 226 LANDIS AVENUE CITY: VINELAND STATE: NJ ZIP: 08360 BUSINESS PHONE: 6096917700 MAIL ADDRESS: STREET 1: 226 LANDIS AVE CITY: VINELAND STATE: NJ ZIP: 08360 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BROWN BERNARD A CENTRAL INDEX KEY: 0001053934 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 226 LANDIS AVENUE CITY: VINELAND STATE: NJ ZIP: 08630 BUSINESS PHONE: 6096917700 MAIL ADDRESS: STREET 1: 226 LANDIS AVENUE CITY: VINELAND STATE: NJ ZIP: 08360 SC 13G 1 FORM SC 13G SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b) AND (c) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(b) (Amendment No. __________) SUN BANCORP, INC. ----------------- (Name of Issuer) Common Stock $1.00 Par Value Per Share --------------------------------------------------- (Title of Class of Securities) 86663B 10 2 ------------------------- (CUSIP Number)
- ------------------------------- ------------------------------------------------ 13G CUSIP No. 8666B 10 2 Page 1 of ____ Pages - ------------------------------- ------------------------------------------------ - ----------------------------------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Bernard A. Brown - ----------------------------------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_| (b) |_| N/A - ----------------------------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - ----------------------------------------------------------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 100,777 Shares SHARES ------------------------------------------------------------------------------------------------------------ 6 SHARED VOTING POWER BENEFICIALLY 958,141 Shares OWNED BY ------------------------------------------------------------------------------------------------------------ EACH 7 SOLE DISPOSITIVE POWER 405,158 Shares REPORTING ------------------------------------------------------------------------------------------------------------ PERSON WITH 8 SHARED DISPOSITIVE POWER 958,141 Shares - ----------------------------------------------------------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,363,299 Shares - ----------------------------------------------------------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |_| N/A - ----------------------------------------------------------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 31.6% - ----------------------------------------------------------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON IN - -----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------- -------------------------------------------------- CUSIP No. 8666B 10 2 13 G Page 1 of ____ Pages - ----------------------------------------------------- -------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Shirley G. Brown - ----------------------------------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_| N/A (b) |_| - ----------------------------------------------------------------------------------------------------------------------------------- SEC USE ONLY - ----------------------------------------------------------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - ----------------------------------------------------------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF -- SHARES ------------------------------------------------------------------------------------------------------------ 6 SHARED VOTING POWER BENEFICIALLY 958,141 Shares OWNED BY ------------------------------------------------------------------------------------------------------------ 7 SOLE DISPOSITIVE POWER EACH -- REPORTING ------------------------------------------------------------------------------------------------------------ PERSON WITH 8 SHARED DISPOSITIVE POWER 958,141 Shares - ----------------------------------------------------------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 958,141 Shares - ----------------------------------------------------------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |_| N/A - ----------------------------------------------------------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 23.9% - ----------------------------------------------------------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON IN - -----------------------------------------------------------------------------------------------------------------------------------
- --------------------------------------------- ------------------------------------------------------------ CUSIP No. 8666B 10 2 13 G Page 1 of ____ Pages - --------------------------------------------- ------------------------------------------------------------ - ----------------------------------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Vineland Construction Company - ----------------------------------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_| (b) |_| N/A - ----------------------------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - ----------------------------------------------------------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 486,228 Shares SHARES ------------------------------------------------------------------------------------------------------------ 6 SHARED VOTING POWER BENEFICIALLY -- OWNED BY ------------------------------------------------------------------------------------------------------------ EACH 7 SOLE DISPOSITIVE POWER 486,228 Shares REPORTING ------------------------------------------------------------------------------------------------------------ PERSON WITH 8 SHARED DISPOSITIVE POWER -- - ----------------------------------------------------------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 486,228 Shares - ----------------------------------------------------------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |_| N/A - ----------------------------------------------------------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 12.1% - ----------------------------------------------------------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON CO - -----------------------------------------------------------------------------------------------------------------------------------
Item 1(a). Name of Issuer: Sun Bancorp, Inc. Item 1(b). Address of Issuer's Principal Executive Offices: - ------------------------------------------------------------ 226 Landis Avenue, Vineland, New Jersey 08360 Item 2(a). Name of Person Filing: - ---------------------------------- Bernard A. Brown, Shirley G. Brown and Vineland Construction Company. Bernard and Shirley Brown are husband and wife, and each own 50 percent of Vineland Construction Company. Item 2(b). Address of Principal Business Office or, if None, - ------------------------------------------------------------ Residence: ---------- 71 West Park Avenue, Vineland, New Jersey 08360 Item 2(c). Citizenship: - ------------------------ Mr. and Mrs. Brown are citizens of the United States and Vineland Construction Company is a New Jersey corporation. Item 2(d). Title of Class of Securities: - ----------------------------------------- Common Stock, $1.00 par value per share. Item 2(e). CUSIP Number: - ------------------------- 86663B 10 2 Item 3. - ------- Not Applicable. -4- Item 4. Ownership: - ------------------- The following information relates to the reporting persons' ownership as of December 31, 1997. (a) Amount beneficially owned: Mr. Brown --------- 1,363,299 shares * Mrs. Brown ---------- 958,141 shares ** Vineland Construction Company 486,228 shares (b) Percent of Class: Mr. Brown --------- 31.6% Mrs. Brown ---------- 23.9% Vineland Construction Company 12.1% -5- (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote Mr. Brown --------- 100,777 shares Mrs. Brown ---------- -- Vineland Construction Company 486,228 shares (ii) Shared power to vote or to direct the vote Mr. Brown --------- 958,141 shares * Mrs. Brown ---------- 958,141 shares ** Vineland Construction Company ----------------------------- -- (iii) Sole power to dispose or to direct the disposition of Mr. Brown --------- 405,158 shares*** Mrs. Brown ---------- -- Vineland Construction Company ----------------------------- 486,228 shares -6- (iv) Shared power to dispose or to direct the disposition of Mr. Brown --------- 958,141 shares * Mrs. Brown ---------- 958,141 shares ** Vineland Construction Company ----------------------------- -- - ----------------- * Includes shares held by Shirley G. Brown and Vineland Construction Company ** Includes shares held by Vineland Construction Company *** Includes 304,381 shares underlying options which are exercisable within 60 days of December 31, 1997. Item 5. Ownership of Five Percent or Less of a Class: - ------------------------------------------------------ Not Applicable. Item 6. Ownership of More Than Five Percent on Behalf of Another Person: - ------------------------------------------------------------------------- Not Applicable. Item 7. Identification and Classification of the Subsidiary Which Acquired the - -------------------------------------------------------------------------------- Security Being Reported on by the Parent Holding Company: --------------------------------------------------------- Not Applicable. Item 8. Identification and Classification of Members of the Group: - ------------------------------------------------------------------- Not Applicable. Item 9. Notice of Dissolution of Group: - ---------------------------------------- Not Applicable. -7- Item 10. Certification: - ------------------------ Not Applicable. Exhibits - -------- 99.1 Joint Filing Agreement -8- SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete, and correct. Date: 2/13/98 /s/Bernard A. Brown ------- -------------------------------- Bernard A. Brown EX-99.1 2 EXHIBIT 99.1 EXHIBIT 99.1 AGREEMENT, dated as of this 13th day of February 1998, by and between each of the persons named on the signature pages hereto, in consideration of the mutual covenants and agreements set forth herein. WHEREAS, each of the parties hereto beneficially owns shares (the "Shares") of common stock of Sun Bancorp, Inc. a New Jersey corporation (the "Company"); and WHEREAS, the parties hereto may be deemed to jointly own a certain amount of the Shares; NOW, THEREFORE, the parties hereto hereby agree as follows: 1. The parties hereto shall prepare a statement containing the information required by Schedule 13G with respect to their respective interests in the Shares (the "Schedule 13G") and any necessary amendments thereto, and for the completeness and accuracy of the information concerning him, her or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning any other party contained therein, except to the extent that he, she or it knows or has reason to believe that such information is inaccurate. 2. Mr. Bernard A. Brown shall be designated as the person authorized to receive notices and communications with respect to the Schedule 13G and any amendments thereto. 3. Each of the undersigned hereby constitutes and appoints Bernard A. Brown his, her or its true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution, for him or it and in his, her or its name, place and stead, in any and all capacities, to sign Schedule 13G and any and all amendments thereto, and other documents in connection therewith, to be filed with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent all power and authority to do and perform each and every act requisite and necessary to be done, as fully to all intents and purposes as he, she or it might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue hereof. 4. This Agreement may be executed in counterparts, each of which taken together shall constitute one and the same instrument. IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the date first above written. By: /s/Bernard A. Brown ------------------------------- Bernard A. Brown By: /s/Shirley G. Brown ------------------------------- Shirley G. Brown VINELAND CONSTRUCTION COMPANY By: /s/Bernard A. Brown By: /s/Shirley G. Brown -----END PRIVACY-ENHANCED MESSAGE-----