HOSKINS GARY FOSTER 4

4 · CITIZENS SOUTH BANKING CORP · Filed Mar 18, 2009

Form 4

Period: 2009-03-16

Executive VP, Treasurer & CFO

Transactions

Award
Stock Option (Right to Buy)
2009-03-16+205→ 205 total
Exercise: $5.00Exp: 2019-03-16→ Common Stock (205 underlying)

Holdings

Common Stock
(indirect: By IRA)
505
Stock Option (Right to Buy)
Exercise: $15.04From: 2003-11-03Exp: 2013-11-03→ Common 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: 2018-06-16→ Common Stock (15,000 underlying)
15,000
Reload Stock Option (Right to Buy)
Exercise: $12.98From: 2003-04-23Exp: 2009-04-17→ Common 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.

Documents

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