HOSKINS GARY FOSTER 4
4 · CITIZENS SOUTH BANKING CORP · Filed Nov 4, 2003
Insider Transaction Report
Form 4
HOSKINS GARY FOSTER
Executive VP, Treasurer & CFO
Transactions
- Award
Stock Option
2003-11-03+40,000→ 40,000 totalExercise: $15.04From: 2003-11-03Exp: 2013-11-03→ Common Stock (40,000 underlying) - Award
Common Stock
2003-11-03+20,000→ 45,846 total
Holdings
- 505(indirect: By IRA)
Common Stock
- 6,460(indirect: By ESOP)
Common Stock
- 50,561
Stock Option
Exercise: $12.98From: 2003-04-23Exp: 2009-04-19→ Common Stock (10,561 underlying) - 25(indirect: Cust for Son)
Common Stock
- 11,900(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]Recognition and Retention awards will vest over a seven-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 vests in five (5) equal annual installments beginning April 19, 1999.