HOSKINS GARY FOSTER 4
4 · CITIZENS SOUTH BANKING CORP · Filed Dec 19, 2007
Insider Transaction Report
Form 4
HOSKINS GARY FOSTER
Executive VP, Treasurer & CFO
Transactions
- Discretionary Transaction
Common Stock
2007-12-18$10.82/sh+2,471$26,736→ 16,215 total(indirect: By 401(k))
Holdings
- 505(indirect: By IRA)
Common Stock
- 40,000
Stock Option (Right to Buy)
Exercise: $15.04From: 2003-11-03Exp: 2013-11-03→ Common Stock (40,000 underlying) - 10,561
Reload Stock Option (Right to Buy)
Exercise: $12.98From: 2003-04-23Exp: 2009-04-19→ Common Stock (10,561 underlying) - 11,769(indirect: By his ESOP)
Common Stock
- 45,846
Common Stock
- 25(indirect: Cust for son)
Common Stock
Footnotes (2)
- [F1]Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
- [F2]Includes 1,000 Recognition and Retention awards that will cliff vest on January 22, 2012, five years after the date of the award, and includes 20,000 Recognition and Retention shares awarded on November 3, 2003, that vest over a seven-year period, commencing on the date of the award, at the 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. Currently, 14,000 shares have vested and 7,000 shares have not vested.