HUFFSTETLER JOHN STEPHEN 4
4 · CITIZENS SOUTH BANKING CORP · Filed Mar 10, 2011
Insider Transaction Report
Form 4
HUFFSTETLER JOHN STEPHEN
Senior VP of Subsidiary Bank
Transactions
- Sale
Common Stock
2011-03-08$4.90/sh−1,018$4,988→ 15,432 total
Holdings
- 16,479(indirect: By 401(k))
Common Stock
- 21,000
Stock Option (Right to Buy)
Exercise: $14.32From: 2003-11-03Exp: 2013-11-03→ Common Stock (21,000 underlying) - 211
Stock Option (Right to Buy)
Exercise: $4.76Exp: 2019-03-16→ Common Stock (211 underlying) - 5,250
Stock Option (Right to Buy)
Exercise: $7.62Exp: 2018-06-16→ Common Stock (5,250 underlying) - 3,142(indirect: By IRA)
Common Stock
- 11,849(indirect: By his ESOP)
Common Stock
Footnotes (5)
- [F1]Reflects adjustment for stock split distributed on November 15, 2010.
- [F2]Includes a total of 15,750 Restricted Stock Awards, composed of 5,250 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 10,500 Recognition and Retention Plan shares awarded on November 3, 2003, that fully vested on November 3, 2010. Accordingly, 11,550 shares have vested and 4,200 shares have not vested.
- [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 March 16, 2010, and continuing each anniversary thereafter through March 16, 2014.
- [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 June 16, 2009, and continuing each anniversary thereafter through June 16, 2013.
- [F5]This incentive stock option was awarded on November 3, 2003, and has vested. Accordingly, 23,142 incentive stock options have vested and 3,319 incentive stock options have not vested.