TEEM PAUL LLOYD JR 4
4 · CITIZENS SOUTH BANKING CORP · Filed Nov 4, 2003
Insider Transaction Report
Form 4
TEEM PAUL LLOYD JR
Executive VP, Secretary & CAO
Transactions
- Award
Common Stock
2003-11-03+25,000→ 65,944 total - Award
Reload Stock Option
2003-11-03+14,059→ 74,059 totalExercise: $12.98From: 2003-04-23Exp: 2009-04-19→ Common Stock (14,059 underlying) - Award
Stock Option
2003-11-03+60,000→ 60,000 totalExercise: $15.04From: 2003-11-03Exp: 2013-11-03→ Common Stock (60,000 underlying)
Holdings
- 8,576(indirect: By ESOP)
Common Stock
- 1,512(indirect: By IRA)
Common Stock
- 1,006(indirect: By mother)
Common Stock
- 30,659(indirect: By 401(k))
Common Stock
Footnotes (4)
- [F1]Recognition and Retention awards will vest over a ten-year period, commencing on the date of the award, at a rate of 30% immediately, 10% on January 2, 2004, 10% on November 3, 2005, and 10% per year on November 3 of each year thereafter.
- [F2]Reflects stock split as a result of corporate reorganization on September 30, 2002.
- [F3]Vesting is over a five-year period, commencing on the initial date of employment with Citizens South Bank.
- [F4]This Employee Incentive Stock Option vested in five (5) equal annual installments beginning April 19, 1999.