CITIZENS SOUTH BANKING CORP·4

Jul 13, 5:09 PM ET

Cooke Kimberly Goins 4

4 · CITIZENS SOUTH BANKING CORP · Filed Jul 13, 2010

Insider Transaction Report

Form 4
Period: 2010-07-09
Cooke Kimberly Goins
DirectorSVP of subsidiary bank
Transactions
  • Tax Payment

    Common Stock

    [F1][F2][F3]
    2010-07-09$5.60/sh194$1,0865,320 total
Holdings
  • Common Stock

    (indirect: By 401(k))
    1,472
  • Common Stock

    (indirect: By her ESOP)
    3,364
  • Stock Option (Right to Buy)

    [F4]
    Exercise: $5.00Exp: 2019-03-16Common Stock (201 underlying)
    201
  • Stock Option (Right to Buy)

    [F5]
    Exercise: $8.00Exp: 2018-06-16Common Stock (5,000 underlying)
    5,000
  • Stock Option (Right to Buy)

    [F6]
    Exercise: $15.04From: 2003-11-03Exp: 2013-11-03Common Stock (2,500 underlying)
    2,500
  • Stock Option (Right to Buy)

    [F6]
    Exercise: $13.81From: 2003-08-18Exp: 2013-08-18Common Stock (5,352 underlying)
    5,352
Footnotes (6)
  • [F1]Reflects shares withheld to pay tax obligations on vesting of restricted stock.
  • [F2]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.
  • [F3]Includes 500 Recognition and Retention awards that will cliff vest on January 22, 2012, five years after the date of the award. Accordingly, 1,000 shares have vested and 4,500 shares have not vested.
  • [F4]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.
  • [F5]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.
  • [F6]This incentive option has vested. Accordingly, 9,892 stock options have vested and 3,161 stock options have not vested.
Signature
/s/ Kimberly Goins Cooke|2010-07-12

Documents

1 file
  • 4
    doc1.xmlPrimary

    FORM 4