TEEM PAUL LLOYD JR 4/A
4/A · CITIZENS SOUTH BANKING CORP · Filed Nov 4, 2003
Insider Transaction Report
Form 4/AAmended
TEEM PAUL LLOYD JR
EVP, Secretary & CAO
Transactions
- Award
Common Stock
[F1]2003-11-03+25,000→ 65,944 total - Award
Stock Option
[F2]2003-11-03+60,000→ 60,000 totalExercise: $15.04From: 2003-11-03Exp: 2013-11-03→ Common Stock (60,000 underlying)
Holdings
- 1,512(indirect: By IRA)
Common Stock
- 30,659(indirect: By 401(k))
Common Stock
- 8,576(indirect: By ESOP)
Common Stock
- 1,006(indirect: By mother)
Common Stock
- 74,059
Reload Stock Option
[F3]Exercise: $12.98From: 2003-04-23Exp: 2009-04-19→ Common Stock (14,059 underlying)
Footnotes (3)
- [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]Vesting is over a five-year period, commencing on the initial date of employment with Citizens South Bank.
- [F3]This Employee Incentive Stock Option vested in five (5) equal annual installments beginning April 19, 1999.
Signature
/s/ Paul Lloyd Teem, Jr.|2003-11-04