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
HOSKINS GARY FOSTER
Executive VP, Treasurer & CFO
Transactions
- Award
Stock Option (Right to Buy)
2009-03-16+205→ 205 totalExercise: $5.00Exp: 2019-03-16→ Common Stock (205 underlying)
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) - 55,846
Common Stock
- 24,169(indirect: By 401(k))
Common Stock
- 25(indirect: Custodian for son)
Common Stock
- 505(indirect: By Spouse)
Common Stock
- 15,000
Stock Option (Right to Buy)
Exercise: $8.00Exp: 2018-06-16→ Common Stock (15,000 underlying) - 10,561
Reload Stock Option (Right to Buy)
Exercise: $12.98From: 2003-04-23Exp: 2009-04-17→ Common Stock (10,561 underlying) - 13,298(indirect: By his ESOP)
Common Stock
- 25(indirect: Custodian for daughter)
Common Stock
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.
Documents
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