0001140361-14-033664.txt : 20140820
0001140361-14-033664.hdr.sgml : 20140820
20140820163455
ACCESSION NUMBER: 0001140361-14-033664
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20140819
FILED AS OF DATE: 20140820
DATE AS OF CHANGE: 20140820
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: BRUGGER THOMAS R
CENTRAL INDEX KEY: 0001221999
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-20957
FILM NUMBER: 141055171
MAIL ADDRESS:
STREET 1: 1130 BERKSHIRE BLVD
CITY: WYOMISSING
STATE: PA
ZIP: 19610
4
1
doc1.xml
FORM 4
X0306
4
2014-08-19
0
0001017793
SUN BANCORP INC /NJ/
SNBC
0001221999
BRUGGER THOMAS R
350 FELLOWSHIP ROAD, SUITE 101
MOUNT LAUREL
NJ
08054
0
1
0
0
Executive Vice President/CFO
Common Stock
2014-08-19
4
P
0
621
18.90
A
5017
D
Common Stock
2014-08-19
4
P
0
94
18.92
A
5111
D
Common Stock
2014-08-20
4
P
0
3285
18.90
A
8396
D
Common Stock
570
I
Stock Plan 7/18/13
Common Stock
4000
I
Stock Plan 2/20/14
Common Stock
2977
I
Stock Plan 3/3/14
Common Stock
96.213
I
401(k)
Incentive Stock Option (right to buy)
15.15
2014-11-15
2022-11-15
Common Stock
4000
4000
D
Stock Option shall be first exercisable at the rate of one-fourth on the second anniversary of the Date of Grant and one-fourth annually thereafter; provided that the recipient is then an employee of the Bank.
50% is first earned and non-forfeitable as of the date that is one year from the effective date of such award and 50% two years from the effective date of such award.
Stock Award shall vest 25% as of November 15, 2014 and 25% annually thereafter; provided that the recipient continues his service with the Company and the Bank.
Stock Award shall vest equally over a 5-year period; 20% each year.
/s/ THOMAS R. BRUGGER
2014-08-20