Home/Filings/4/0000943374-09-000477
4//SEC Filing

Kahle Patricia Trussell 4

Accession 0000943374-09-000477

CIK 0001051871other

Filed

Mar 17, 8:00 PM ET

Accepted

Mar 18, 2:12 PM ET

Size

9.8 KB

Accession

0000943374-09-000477

Insider Transaction Report

Form 4
Period: 2009-03-16
Kahle Patricia Trussell
Senior VP of Subsidiary Bank
Transactions
  • Award

    Stock Option (Right to Buy)

    2009-03-16+201201 total
    Exercise: $5.00Exp: 2019-03-16Common Stock (201 underlying)
Holdings
  • Common Stock

    (indirect: By her ESOP)
    755
  • Common Stock

    (indirect: By 401(k))
    277
  • Stock Option (Right to Buy)

    Exercise: $8.00Exp: 2018-06-16Common Stock (5,000 underlying)
    5,000
  • Common Stock

    5,500
Footnotes (3)
  • [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 500 Recognition and Retention awards that will cliff vest on January 22, 2012, five years after the date of the award. Accordingly, no shares have vested and 5,500 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. Accordingly, no options have vested and 5,201 options are unvested.

Issuer

CITIZENS SOUTH BANKING CORP

CIK 0001051871

Entity typeother

Related Parties

1
  • filerCIK 0001428493

Filing Metadata

Form type
4
Filed
Mar 17, 8:00 PM ET
Accepted
Mar 18, 2:12 PM ET
Size
9.8 KB