0001562180-18-000525.txt : 20180201 0001562180-18-000525.hdr.sgml : 20180201 20180201130515 ACCESSION NUMBER: 0001562180-18-000525 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180131 FILED AS OF DATE: 20180201 DATE AS OF CHANGE: 20180201 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: MARINO WILLIAM J CENTRAL INDEX KEY: 0001195664 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-20957 FILM NUMBER: 18566027 MAIL ADDRESS: STREET 1: COMPUTER HORIZONS STREET 2: 49 OLD BLOOMFIELD AVE CITY: MOUNTAIN LAKES STATE: NJ ZIP: 07046 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: 350 FELLOWSHIP ROAD STREET 2: SUITE 101 CITY: MOUNT LAUREL STATE: NJ ZIP: 08054 BUSINESS PHONE: 800-691-7701 MAIL ADDRESS: STREET 1: 350 FELLOWSHIP ROAD STREET 2: SUITE 101 CITY: MOUNT LAUREL STATE: NJ ZIP: 08054 4 1 primarydocument.xml PRIMARY DOCUMENT X0306 4 2018-01-31 true 0001017793 SUN BANCORP INC /NJ/ SNBC 0001195664 MARINO WILLIAM J C/O SUN BANCORP, INC. 350 FELLOWSHIP ROAD, SUITE 101 MOUNT LAUREL NJ 08054 true false false false Common Stock 2018-01-31 4 D false 37744.00 D 0.00 D On January 31, 2018 , pursuant to the Agreement and Plan of Merger, dated as of June 30, 2017 (the "Merger Agreement"), by and among Sun Bancorp, Inc. ("Sun"), Mercury Sub Corp. ("Merger Sub") and OceanFirst Financial Corp. ("Ocean"), Merger Sub merged with and into Sun (the "Merger"), with Sun as the surviving corporation in the Merger. Under the terms and conditions of the Merger Agreement, at the effective time of the Merger, each share of Sun common stock was converted into the right to receive either $24.99 in cash (the "Cash Consideration") or .9289 shares of Ocean common stock, at the election of the holder and subject to procedures applicable to oversubscription and undersubscription for Cash Consideration set forth in the Merger Agreement. William J. Marino 2018-01-31