0001140361-11-041876.txt : 20110815
0001140361-11-041876.hdr.sgml : 20110815
20110815142656
ACCESSION NUMBER: 0001140361-11-041876
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110812
FILED AS OF DATE: 20110815
DATE AS OF CHANGE: 20110815
ISSUER:
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
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
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: CROWL ROBERT B
CENTRAL INDEX KEY: 0001287706
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-20957
FILM NUMBER: 111035234
MAIL ADDRESS:
STREET 1: 226 LANDIS AVENUE
CITY: VINELAND
STATE: NJ
ZIP: 08360
4
1
doc1.xml
FORM 4
X0304
4
2011-08-12
0
0001017793
SUN BANCORP INC /NJ/
SNBC
0001287706
CROWL ROBERT B
226 LANDIS AVENUE
VINELAND
NJ
08360
0
1
0
0
Executive Vice President & CFO
Common Stock
2011-08-12
4
P
0
20000
2.73
A
26667
D
Common Stock
10000
I
Stock Plan 3/2010
Incentive Stock Option (right to buy)
3.51
2012-03-04
2020-03-04
Common Stock
10000
10000
D
Incentive Stock Option (right to buy)
4.32
2012-03-01
2021-03-01
Common Stock
30000
30000
D
Incentive Stock Option (right to buy)
4.73
2013-12-31
2021-03-02
Common Stock
152067
152067
D
Shares shall be 100% earned and non-forfeitable as of the date that is four years from the effective date of such award.
25% is first earned and exercisable on March 4, 2012, and 25% annually thereafter.
20% is first earned and exercisable on March 1, 2012, and 20% annually thereafter.
Awarded and administered as per the approved 2010 Performance Equity Plan. Maximum options that become earned and exercisable if Board established long-term performance objectives are achieved by 12/31/2013.
/s/ Robert B. Crowl
2011-08-15