MASSEY CHARLES DARIUS 4
4 · CITIZENS SOUTH BANKING CORP · Filed Nov 4, 2003
Insider Transaction Report
Form 4
MASSEY CHARLES DARIUS
Director
Transactions
- Award
Common Stock
2003-11-03+10,510→ 86,297 total - Award
Stock Option
2003-11-03+22,670→ 22,670 totalExercise: $15.04From: 2003-11-03Exp: 2013-11-03→ Common Stock (22,670 underlying)
Holdings
- 6(indirect: By Partnership)
Common Stock
- 4,000(indirect: By Spouse)
Common Stock
Footnotes (2)
- [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 election to the Board of Directors.