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4//SEC Filing

Flowe Ira McDonald Jr 4

Accession 0000943374-09-000479

CIK 0001051871other
View on SEC.govCompany Profile

Filed

Mar 17, 8:00 PM ET

Accepted

Mar 18, 2:13 PM ET

Size

10.6 KB

Accession

0000943374-09-000479

Insider Transaction Report

Form 4
Period: 2009-03-16
CITIZENS SOUTH BANKING CORPCSBC
Flowe Ira McDonald Jr
Senior VP of Subsidiary Bank
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

    7,000

  • Common Stock

    (indirect: By his ESOP)
    3,382

  • Stock Option (Right to Buy)

    Exercise: $12.50From: 2005-10-18Exp: 2014-10-18→ Common Stock (7,500 underlying)
    7,500

  • Stock Option (Right to Buy)

    Exercise: $8.00Exp: 2018-06-16→ Common Stock (5,000 underlying)
    5,000
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 2,000 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 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 was granted on October 18, 2004, vests over a five year-period at the rate of 20% per year, and is 80% vested. Accordingly, 6,000 options have vested and 6,701 options have not vested.

Documents

1 file

Issuer

CITIZENS SOUTH BANKING CORP

CIK 0001051871

→
Entity typeother

Related Parties

1
  • filerCIK 0001428494

Filing Metadata

Form type
4
Filed
Mar 17, 8:00 PM ET
Accepted
Mar 18, 2:13 PM ET
Size
10.6 KB
View on SEC.gov