0001562180-18-000535.txt : 20180201
0001562180-18-000535.hdr.sgml : 20180201
20180201135413
ACCESSION NUMBER: 0001562180-18-000535
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: TORRES GRACE C
CENTRAL INDEX KEY: 0001246178
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-20957
FILM NUMBER: 18566194
MAIL ADDRESS:
STREET 1: GATEWAY CENTER THREE
STREET 2: 100 MULBERRY ST 4TH FLR
CITY: NEWARK
STATE: NJ
ZIP: 07102
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
0001246178
TORRES GRACE C
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
4180.00
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.
Grace C. Torres
2018-01-31