X0306 4 2015-12-31 false 0001017793 SUN BANCORP INC /NJ/ SNBC 0001228878 GALETTO PETER JR C/O SUN BANCORP, INC. 350 FELLOWSHIP ROAD, SUITE 101 MOUNT LAUREL NJ 08054 true false false false Common Stock 2015-12-31 4 A false 920.00 20.64 A 60150.00 D Common Stock 2016-01-01 4 A false 1500.00 0.00 A 61650.00 D Common Stock 6461.00 I by Spouse Common Stock 967.00 I Galetto Children Common Stock 8551.00 I Galetto Realty Co. Common Stock 22056.00 I Peter Galetto Residuary Trust Common Stock 7201.00 I Stanker & Galetto Non-Qualified Stock Option (right to buy) 25.50 2010-09-24 2020-09-24 Common Stock 9800.00 9800.00 D Restricted Stock Award of 484 shares granted 12/31/15 which vest one year from the date of grant; Restricted Stock Award of 519 shares granted 6/30/15 which vest one year from the date of grant; Restricted Stock Award of 515 shares granted 12/31/14 which vest one year from the date of grant. Restricted Stock Award of 1500 shares granted 1/01/16 which vest one year from the date of grant. Total includes Restricted Stock Award of 484 shares granted 12/31/15 which vest one year from the date of grant; Restricted Stock Award of 519 shares granted 6/30/15 which vest one year from the date of grant; Restricted Stock Award of 515 shares granted 12/31/14 which vest one year from the date of grant. 25% is first earned and exercisable on September 24, 2010 and 25% annually thereafter. /s/ Peter Galetto, Jr. 2016-01-05