TEEM PAUL LLOYD JR 4

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

Form 4

Period: 2009-03-16

Executive VP, Secretary & CAO

Transactions

Award
Stock Option (Right to Buy)
2009-03-16+201→ 201 total
Exercise: $5.00Exp: 2019-03-16→ Common Stock (201 underlying)

Holdings

Common Stock
(indirect: By 401(k))
49,309
Common Stock
65,977
Common Stock
(indirect: By IRA)
1,512
Common Stock
(indirect: By his ESOP)
16,733
Common Stock
(indirect: By his mother)
1,006
Stock Option (Right to Buy)
Exercise: $8.00Exp: 2018-06-16→ Common Stock (5,000 underlying)
5,000
Stock Option (Right to Buy)
Exercise: $15.04From: 2003-11-03Exp: 2013-11-03→ Common Stock (60,000 underlying)
60,000
Stock Option (Right to Buy)
Exercise: $12.98From: 2003-04-23Exp: 2009-04-17→ Common Stock (14,059 underlying)
14,059

Footnotes (4)

[F1]Includes 25,000 Recognition and Retention awards that vest over a seven-year period, commencing on November 3, 2003, 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, 20,000 shares have vested and 5,000 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 stock option has vested. Accordingly, 74,059 stock options have vested and 5,201 stock options have not vested.

Documents

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