-----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, CKOP9o5x6N+rQ0oG/YQdQnOO70403ERME+elHuoC6Oar3koXVfOtk8gzitaPHVsD nV9eJ5ShlMaHxVt4ch6Eew== 0000946275-01-000128.txt : 20010315 0000946275-01-000128.hdr.sgml : 20010315 ACCESSION NUMBER: 0000946275-01-000128 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20010314 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/A SEC ACT: SEC FILE NUMBER: 005-53335 FILM NUMBER: 1568136 BUSINESS ADDRESS: STREET 1: 226 LANDIS AVENUE CITY: VINELAND STATE: NJ ZIP: 08360 BUSINESS PHONE: 8566917700 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/A 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/A 1 0001.txt SCHEDULE 13G/A 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) (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(b) (Amendment No. 2) SUN BANCORP, INC. --------------------------------------------- (Name of Issuer) Common Stock $1.00 Par Value Per Share --------------------------------------------- (Title of Class of Securities) 86663B 10 2 --------------------------------------------- (CUSIP Number) December 31 , 2000 ------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |_| Rule 13d-1(b) |_| Rule 13d-1(c) |X| Rule 13d-1(d) - --------------------------------------- ------------------------- CUSIP No. 8666B 10 2 13G Page 2 of 10 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 - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 309,224 Shares ---------------------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 2,306,994 Shares ---------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING 1,453,063 Shares ---------------------------------------------------------- PERSON WITH 8 SHARED DISPOSITIVE POWER 2,306,994 Shares - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,450,833 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) 31.589% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON IN - -------------------------------------------------------------------------------- - ----------------------------------- ------------------------ CUSIP No. 8666B 10 2 13G Page 3 of 10 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) [_] (b) [_] N/A - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES -- ---------------------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 500,306 Shares ---------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING -- Shares ---------------------------------------------------------- PERSON WITH 8 SHARED DISPOSITIVE POWER 500,306 Shares - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 500,306 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) 5.115% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON IN - -------------------------------------------------------------------------------- - -------------------------------- ---------------------------- CUSIP No. 8666B 10 2 13G Page 4 of 10 Pages - -------------------------------- ---------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) # 21-0608702 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 New Jersey - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 1,209,879 Shares ---------------------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY -- ---------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING 1,209,879 Shares ---------------------------------------------------------- PERSON WITH 8 SHARED DISPOSITIVE POWER -- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,209,879 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) 12.371% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON CO - -------------------------------------------------------------------------------- - --------------------------------- --------------------- CUSIP No. 8666B 10 2 13G Page 5 of 10 Pages - --------------------------------- --------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) # 51-0296423 NFI Capital Corp. - -------------------------------------------------------------------------------- 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 Delaware - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 77,213 Shares ---------------------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY -- ---------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING 77,213 Shares ---------------------------------------------------------- PERSON WITH 8 SHARED DISPOSITIVE POWER -- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 77,213 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) 0.789% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON CO - -------------------------------------------------------------------------------- -5- - ------------------------------------- ----------------------- CUSIP No. 8666B 10 2 13G Page 6 of 10 Pages - ------------------------------------- ----------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) # 22-6083927 THE BROWN FOUNDATION - -------------------------------------------------------------------------------- 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 New Jersey - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 130,969 Shares ---------------------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY -- ---------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING 130,969 Shares ---------------------------------------------------------- PERSON WITH 8 SHARED DISPOSITIVE POWER -- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 130,969 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) 1.339% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON OO - -------------------------------------------------------------------------------- - ------------------------------------ ----------------------- CUSIP No. 8666B 10 2 13G Page 7 of 10 Pages - ------------------------------------ ----------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) #090241339 The Grantor Retained Annuity Trust - -------------------------------------------------------------------------------- 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 New Jersey - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 79,403 Shares ---------------------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY -- ---------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING 79,403 Shares ---------------------------------------------------------- PERSON WITH 8 SHARED DISPOSITIVE POWER -- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 79,403 Shares - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIM SHARES [_] N/A - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.812% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON OO - -------------------------------------------------------------------------------- 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. NFI Capital Corp. is a Delaware Corporation of which Mr. Brown is President. The Brown Foundation is a private tax-exempt entity of which Mr. Brown is a Trustee and Fund Manager. The Grantor Retained Annuity Trust was organized by Bernard A. Brown under the name of Shirley Brown. 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. Vineland Construction Company is a New Jersey corporation. NFI Capital Corp. is a Delaware Corporation. The Brown Foundation is a private, tax-exempt foundation registered in New Jersey. The Grantor Retained Annuity Trust was organized by Bernard A. Brown under the laws of the State of New Jersey. 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. Item 4. Ownership: - ------------------ -8- The following information relates to the reporting persons' ownership as of December 31, 2000. (a) Amount beneficially owned: Mr. Brown --------- 3,450,833 shares * Mrs. Brown ---------- 500,306 shares ** Vineland Construction Company ----------------------------- 1,209,879 shares NFI Capital Corp. ----------------- 77,213 shares The Brown Foundation -------------------- 130,969 shares The Grantor Retained Annuity Trust ---------------------------------- 79, 403 shares (b) Percent of Class: Mr. Brown --------- 31.589% Mrs. Brown ---------- 5.115% Vineland Construction Company ----------------------------- 12.371% NFI Capital Corp. ----------------- 0.789% The Brown Foundation -------------------- 1.339% The Grantor Retained Annuity Trust ---------------------------------- 0.812% (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote -9- Mr. Brown --------- 309,224 shares Mrs. Brown ---------- -- Vineland Construction Company ----------------------------- 1,209,879 shares NFI Capital Corp. ----------------- 77,213 shares The Brown Foundation -------------------- 130,969 shares The Grantor Retained Annuity Trust ---------------------------------- 79,403 shares (ii) Shared power to vote or to direct the vote Mr. Brown --------- 2,306,994 shares * Mrs. Brown ---------- 500,306 shares ** Vineland Construction Company ----------------------------- -- NFI Capital Corp. ----------------- -- The Brown Foundation -------------------- -- The Grantor Retained Annuity Trust ---------------------------------- -- (iii) Sole power to dispose or to direct the disposition of Mr. Brown --------- 1,453,063 shares*** Mrs. Brown ---------- -- -10- Vineland Construction Company ----------------------------- 1,209,879 shares NFI Capital Corp. ----------------- 77,213 shares The Brown Foundation -------------------- 130,969 shares The Grantor Retained Annuity Trust ---------------------------------- 79,403 (iv) Shared power to dispose or to direct the disposition of Mr. Brown --------- 2,306,994 shares * Mrs. Brown ---------- 500,306 shares ** Vineland Construction Company ----------------------------- -- NFI Capital Corp. ----------------- -- The Brown Foundation -------------------- -- The Grantor Retained Annuity Trust ---------------------------------- -- - ------------- * Includes shares held by Shirley G. Brown, Vineland Construction Company, NFI Capital Corp.,The Brown Foundation and The Grantor Retained Annuity Trust. ** Includes shares held by Vineland Construction Company. *** Includes 1,143,839 shares underlying options which are exercisable within 60 days of December 31, 2000. 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. -11- Item 7. Identification and Classification of the Subsidiary Which Acquired the - -------------------------------------------------------------------------------- Security Being Reported on by the Parent Holding Company or Control ---------------------------------------------------------------------- Person: ------- Not Applicable. Item 8. Identification and Classification of Members of the Group: - ------------------------------------------------------------------- Not Applicable. Item 9. Notice of Dissolution of Group: - --------------------------------------- Not Applicable. Item 10. Certification: - ----------------------- Not Applicable. Exhibits - -------- 99.1 Joint Filing Agreement* * Incorporated by reference to identically numbered exhibit to the Schedule 13G filed by the parties on February 13, 1998. -12- 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: March 14, 2001 /s/Bernard A. Brown ------------------------------------- Bernard A. Brown -----END PRIVACY-ENHANCED MESSAGE-----