CITIZENS SOUTH BANKING CORP 4
4 · CITIZENS SOUTH BANKING CORP · Filed May 20, 2008
Insider Transaction Report
Form 4
MAGUIRE MICHAEL ROBERT
Senior VP and CCO
Transactions
- Discretionary Transaction
Common Stock
2008-05-19$9.34/sh+8,284$77,373→ 10,338 total(indirect: By 401(k))
Holdings
- 1,007(indirect: By IRA)
Common Stock
- 9,381(indirect: By his ESOP)
Common Stock
- 8,500
Common Stock
- 13,908
Stock Option (Right to Buy)
Exercise: $6.07From: 2001-05-24Exp: 2009-05-24→ Common Stock (13,908 underlying) - 20,000
Stock Option (Right to Buy)
Exercise: $15.04From: 2003-11-03Exp: 2013-11-03→ Common Stock (20,000 underlying)
Footnotes (3)
- [F1]Includes 10,000 Recognition and Retention awards that vest over a seven-year period, commencing on November 3, 2003, at the rate of 30% on November 3, 2003, 10% on January 2, 2004, 10% on November 3, 2005, and 10% per year on November 3 of each year thereafter.
- [F2]This Employee Incentive Stock Option vested over a five-year period, commencing on the initial date of employment with Citizens South Bank and, therefore, vested on May 10, 2004.
- [F3]This Employee Incentive Stock Option vested in five (5) equal installments beginning May 24, 2000 and is vested.