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 *

KRAMER ELI 		2. Issuer Name and Ticker or Trading Symbol

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

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

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

1/2/2018
(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   1/2/2018     A    493.00   (1) A $24.30   45398.00   (2) (3) D    
Common Stock                  0.00   (4) I   Brian Kramer Trust  
Common Stock                  459.00   I   by Spouse  
Common Stock                  18165.00   (2) I   The CJ Management LLC PSP FBO Eli Kramer  
Common Stock                  0.00   (5) I   Tracy Kramer Trust  

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
Non-Qualified Stock Option (right to buy)   $53.80                      (6) 1/22/2018   Common Stock   1217.00     1217.00   D    
Non-Qualified Stock Option (right to buy)   $30.90                      (6) 1/15/2019   Common Stock   1582.00     1582.00   D    
Non-Qualified Stock Option (right to buy)   $25.50                      (6) 9/24/2020   Common Stock   9300.00     9300.00   D    
Non-Qualified Stock Option (right to buy)   $19.90                      (6) 1/21/2020   Common Stock   2632.00     2632.00   D    

Explanation of Responses:
(1)  Shares issued to Reporting Person under the Directors Deferred Fee Plan for directors fees earned during the quarter ended December 31, 2017.
(2)  Balance reflects December 13, 2017 transfer of 1,400 shares from Direct Ownership to CJ Management LLC Profit Sharing Plan FBO Eli Kramer.
(3)  Total includes Director Deferred Fee Plan Trust of 42,267 shares.
(4)  As of December 8, 2017, Reporting Person is no longer Trustee of the Brian Kramer Trust.
(5)  As of December 8, 2017, Reporting Person is no longer Trustee of the Tracy Kramer Trust.
(6)  Options fully vested and exercisable.

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



Signatures
Eli Kramer 1/2/2018
** 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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