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4//SEC Filing

HOSKINS GARY FOSTER 4

Accession 0000943374-09-000465

CIK 0001051871other

Filed

Mar 17, 8:00 PM ET

Accepted

Mar 18, 1:51 PM ET

Size

15.5 KB

Accession

0000943374-09-000465

Insider Transaction Report

Form 4
Period: 2009-03-16
HOSKINS GARY FOSTER
Executive VP, Treasurer & CFO
Transactions
  • Award

    Stock Option (Right to Buy)

    2009-03-16+205205 total
    Exercise: $5.00Exp: 2019-03-16Common Stock (205 underlying)
Holdings
  • Common Stock

    (indirect: By IRA)
    505
  • Stock Option (Right to Buy)

    Exercise: $15.04From: 2003-11-03Exp: 2013-11-03Common Stock (40,000 underlying)
    40,000
  • Common Stock

    55,846
  • Common Stock

    (indirect: By 401(k))
    24,169
  • Common Stock

    (indirect: Custodian for son)
    25
  • Common Stock

    (indirect: By Spouse)
    505
  • Stock Option (Right to Buy)

    Exercise: $8.00Exp: 2018-06-16Common Stock (15,000 underlying)
    15,000
  • Reload Stock Option (Right to Buy)

    Exercise: $12.98From: 2003-04-23Exp: 2009-04-17Common Stock (10,561 underlying)
    10,561
  • Common Stock

    (indirect: By his ESOP)
    13,298
  • Common Stock

    (indirect: Custodian for daughter)
    25
Footnotes (4)
  • [F1]Includes 9,000 Restricted Stock Awards that will vest over a five-year period, commencing on June 16, 2008, the date of the award, 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 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. Accordingly, 16,000 shares have vested and 14,000 shares have not vested.
  • [F2]This incentive stock option vests in five equal annual installments, with the first installment vesting one year from the date of grant, or on March 16, 2010, and continuing each anniversary thereafter through March 16, 2014.
  • [F3]This incentive stock option vests in five equal annual installments, with the first installment vesting one year from the date of grant, or on June 16, 2009, and continuing each anniversary thereafter through June 16, 2013.
  • [F4]This incentive option has vested. Accordingly, 50,561 options have vested and 15,205 options have not vested.

Issuer

CITIZENS SOUTH BANKING CORP

CIK 0001051871

Entity typeother

Related Parties

1
  • filerCIK 0001250001

Filing Metadata

Form type
4
Filed
Mar 17, 8:00 PM ET
Accepted
Mar 18, 1:51 PM ET
Size
15.5 KB