Home/Filings/4/0000943374-09-000048
4//SEC Filing

CITIZENS SOUTH BANKING CORP 4

Accession 0000943374-09-000048

CIK 0001051871operating

Filed

Jan 25, 7:00 PM ET

Accepted

Jan 26, 10:09 AM ET

Size

17.3 KB

Accession

0000943374-09-000048

Insider Transaction Report

Form 4
Period: 2009-01-22
Transactions
  • Purchase

    Common Stock

    2009-01-22$4.66/sh+160$74613,960 total(indirect: By IRA)
  • Purchase

    Common Stock

    2009-01-22$4.71/sh+100$47114,060 total(indirect: By IRA)
  • Purchase

    Common Stock

    2009-01-22$4.71/sh+185$8715,826 total(indirect: By Spouse)
  • Purchase

    Common Stock

    2009-01-22$4.71/sh+100$4711,064 total(indirect: By Spouse)
Holdings
  • Common Stock

    30,749
  • Stock Option (Right to Buy)

    Exercise: $15.04From: 2003-11-03Exp: 2013-11-03Common Stock (22,670 underlying)
    22,670
  • Common Stock

    (indirect: By IRA)
    135
  • Common Stock

    (indirect: Cust for son)
    8,473
  • Common Stock

    (indirect: Cust for daughter)
    3,344
  • Stock Option (Right to Buy)

    Exercise: $8.00Exp: 2018-06-16Common Stock (2,800 underlying)
    2,800
  • Stock Option (Right to Buy)

    (indirect: By LLC)
    Exercise: $5.61From: 1999-04-19Exp: 2009-04-19Common Stock (4,995 underlying)
    4,995
Footnotes (4)
  • [F1]Includes 1,800 Restricted Stock Awards that vest over a five-year period at the rate of 10% on June 16, 2009, 10% on June 16, 2010, 10% on June 16, 2011, 35% on June 16, 2012, and 35% on June 16, 2013; and includes 10,510 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. Currently, 8,408 shares have vested and 3,902 shares have not vested.
  • [F2]This non-statutory option vests in five equal annual installments, with the first installment becoming exercisable on the first anniversary of the date of grant, or June 16, 2009, and succeeding installments on each anniversary thereafter through June 16, 2013.
  • [F3]This non-statutory option has vested.
  • [F4]Options held by a Limited Liability Company of which the reporting person has one-third ownership.

Issuer

CITIZENS SOUTH BANKING CORP

CIK 0001051871

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001051871

Filing Metadata

Form type
4
Filed
Jan 25, 7:00 PM ET
Accepted
Jan 26, 10:09 AM ET
Size
17.3 KB