4//SEC Filing
Kahle Patricia Trussell 4
Accession 0001140361-10-029264
CIK 0001051871other
Filed
Jul 12, 8:00 PM ET
Accepted
Jul 13, 5:10 PM ET
Size
10.2 KB
Accession
0001140361-10-029264
Insider Transaction Report
Form 4
Kahle Patricia Trussell
Senior VP of Subsidiary Bank
Transactions
- Tax Payment
Common Stock
2010-07-09$5.60/sh−194$1,086→ 5,320 total
Holdings
- 5,000
Stock Option (Right to Buy)
Exercise: $8.00Exp: 2018-06-16→ Common Stock (5,000 underlying) - 1,124(indirect: By her ESOP)
Common Stock
- 428(indirect: By 401(k))
Common Stock
- 201
Stock Option (Right to Buy)
Exercise: $5.00Exp: 2019-03-16→ Common Stock (201 underlying)
Footnotes (5)
- [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. Accordingly, 2,040 options have vested and 3,161 options are unvested.
Documents
Issuer
CITIZENS SOUTH BANKING CORP
CIK 0001051871
Entity typeother
Related Parties
1- filerCIK 0001428493
Filing Metadata
- Form type
- 4
- Filed
- Jul 12, 8:00 PM ET
- Accepted
- Jul 13, 5:10 PM ET
- Size
- 10.2 KB