FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

KALANI NEELESH 		2. Issuer Name and Ticker or Trading Symbol

SUN BANCORP INC /NJ/ [ SNBC ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
SVP/Chief Accounting Officer
(Last)          (First)          (Middle)

C/O SUN BANCORP, INC., 350 FELLOWSHIP ROAD, SUITE 101 		3. Date of Earliest Transaction (MM/DD/YYYY)

11/15/2017
(Street)

MOUNT LAUREL, NJ 08054
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   11/15/2017     F    534.00   (1) D $24.30   4362.1149   (2) (3) D    
Common Stock   11/15/2017     A   V 3.345   A   (4) 2731.107   I   401 (k)  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Incentive Stock Option (right to buy)   $22.25                    2/17/2013   (5) 2/17/2021   Common Stock   1000.00   (5)   1000.00   (5) D    
Incentive Stock Option (right to buy)   $18.50                    3/2/2017   (6) 3/2/2025   Common Stock   825.00   (6)   825.00   (6) D    
Incentive Stock Option (right to buy)   $17.85                    3/1/2014   (7) 3/1/2023   Common Stock   592.00   (7)   592.00   (7) D    
Incentive Stock Option (right to buy)   $16.80                    3/3/2015   (8) 3/3/2024   Common Stock   703.00   (8)   703.00   (8) D    
Incentive Stock Option (right to buy)   $14.25                    3/1/2013   (5) 3/1/2022   Common Stock   400.00   (5)   400.00   (5) D    
Non-Qualified Option (right to buy)   (9) $21.08                    3/1/2018   (10) 3/1/2026   Common Stock   1373.00   (10)   1373.00   (10) D    

Explanation of Responses:
(1)  Shares withheld for tax withholding upon vesting of 1,712 shares of restricted stock granted on 11/15/12.
(2)  Total includes 954 shares of restricted stock granted on 3/1/17 which vests 239 shares on 3/1/18, 239 shares on 3/1/19, 238 shares on 3/1/20 and 238 shares on 3/1/21.
(3)  Total includes 403 shares of restricted stock granted on 3/1/16 which vests 100 shares on 3/1/18, 101 shares on 3/1/19, 101 shares on 3/1/20 and 101 shares on 3/1/21.
(4)  Various dates and prices.
(5)  Options fully vested and exercisable.
(6)  25% is first earned and exercisable on 3/2/17 and 25% annually thereafter.
(7)  20% is first earned and exercisable on 3/1/14 and 20% annually thereafter.
(8)  20% is first earned and exercisable on 3/3/15 and 20% annually thereafter.
(9)  Previously reported as "Common Stock."
(10)  25% is first earned and exercisable on 3/1/18 and 25% annually thereafter.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
KALANI NEELESH
C/O SUN BANCORP, INC.
350 FELLOWSHIP ROAD, SUITE 101
MOUNT LAUREL, NJ 08054

SVP/Chief Accounting Officer

Signatures
Neelesh Kalani 11/16/2017
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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