MAGUIRE MICHAEL ROBERT 4

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

Form 4

Period: 2009-03-16

Senior VP and CCO

Transactions

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

Holdings

Stock Option (Right to Buy)
Exercise: $15.04From: 2003-11-03Exp: 2013-11-03→ Common Stock (20,000 underlying)
20,000
Common Stock
13,500
Common Stock
(indirect: By 401(k))
5,933
Common Stock
(indirect: By IRA)
1,007
Common Stock
(indirect: By his ESOP)
9,969
Stock Option (Right to Buy)
Exercise: $8.00Exp: 2018-06-16→ Common Stock (5,000 underlying)
5,000
Stock Option (Right to Buy)
Exercise: $6.07From: 2001-05-24Exp: 2009-05-22→ Common Stock (13,908 underlying)
13,908

Footnotes (4)

[F1]Includes 5,000 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 the remaining shares from 10,000 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. Accordingly, 8,000 shares have vested and 7,000 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, 33,908 options have vested and 5, 201 options have not vested.

Documents

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