4//SEC Filing
BOYD DANIEL MARCUS IV 4
Accession 0001140361-10-032791
CIK 0001051871other
Filed
Aug 10, 8:00 PM ET
Accepted
Aug 11, 4:03 PM ET
Size
11.7 KB
Accession
0001140361-10-032791
Insider Transaction Report
Form 4
BOYD DANIEL MARCUS IV
Exec. VP and COO of Subsidiary
Transactions
- Sale
Common Stock
2010-08-10$5.50/sh−920$5,060→ 16,500 total
Holdings
- 201
Stock Option (Right to Buy)
Exercise: $5.00Exp: 2019-03-16→ Common Stock (201 underlying) - 7,281(indirect: By 401(k))
Common Stock
- 7,553(indirect: By his ESOP)
Common Stock
- 20,000
Stock Option (Right to Buy)
Exercise: $15.04From: 2003-11-03Exp: 2013-11-03→ Common Stock (20,000 underlying) - 20,000
Stock Option (Right to Buy)
Exercise: $8.00Exp: 2018-06-16→ Common Stock (20,000 underlying)
Footnotes (4)
- [F1]Includes the remaining 12,000 unvested shares from 15,000 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 3,500 Recognition and Retention Plan awards tht will cliff vest on January 22, 2012, five years after the date of the award; and includes the remaining 1,000 unvested shares from 10,000 Recognition and Retention Plan shares awarded on November 3, 2003, 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 year year thereafter. Accordingly, 12,000 shares have vested and 16,500 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.
- [F4]This incentive option has vested. Accordingly, 28,040 options have vested and 12,161 options have not vested.
Documents
Issuer
CITIZENS SOUTH BANKING CORP
CIK 0001051871
Entity typeother
Related Parties
1- filerCIK 0001250003
Filing Metadata
- Form type
- 4
- Filed
- Aug 10, 8:00 PM ET
- Accepted
- Aug 11, 4:03 PM ET
- Size
- 11.7 KB