X0202 4 2007-01-17 0 0001042521 Sun American Bancorp SBK 0001136337 GOLDEN MICHAEL C/O SUN AMERICAN BANCORP 1200 N. FEDERAL HIGHWAY, SUITE #111-A BOCA RATON FL 33432 1 1 0 0 See Remarks Common Stock 2007-01-17 4 A 0 50000 0.00 A 337107 D Stock Option (right to buy) 5.23 2007-01-17 4 A 0 100000 0.00 A 2017-01-17 Common Stock 100000 100000 D The options vest in five equal annual installments beginning on January 1, 2008. Chairman, President & CEO of Sun American Bank and President & CEO of Sun American Bancorp The filing of this statement shall not be construed as an admission (a) that the person filing this statement is, for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the beneficial owner of any equity securities covered by this statement, or (b) that this statement is legally required to be filed by such person. /s/ Michael Golden 2007-01-19