Matthews Eugene Robinson II 4

4 · CITIZENS SOUTH BANKING CORP · Filed Jun 17, 2011

Form 4

Period: 2011-06-16

Director

Transactions

Purchase
Common Stock
2011-06-16$4.17/sh+150$626→ 6,267 total(indirect: By Spouse)
Purchase
Common Stock
2011-06-16$4.17/sh+120$500→ 9,016 total(indirect: Custodian for son)

Holdings

Common Stock
(indirect: Custodian for daughter)
3,511
Common Stock
30,766
Common Stock
(indirect: By LLC)
23,457
Stock Option (Right to Buy)
Exercise: $14.32From: 2003-11-03Exp: 2013-11-03→ Common Stock (23,803 underlying)
23,803
Common Stock
(indirect: By IRA)
15,763
Common Stock
(indirect: By IRA)
141
Common Stock
(indirect: By Spouse)
1,117
Stock Option (Right to Buy)
Exercise: $7.62Exp: 2018-06-16→ Common Stock (2,940 underlying)
2,940

Footnotes (5)

[F1]Reflects adjustment for stock split distributed on November 15, 2010.
[F2]Includes shares remaining from 30,907 Restricted Stock Awards, including 29,017 Restricted Stock Awards that were granted on April 19, 1999, and November 3, 2003, that have fully vested, and includes 1,890 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. Accordingly, 29,584 shares from these Awards have vested and 1,323 shares have not vested.
[F3]Held by two Limited Liability Companies of which the reporting person has co-ownership.
[F4]This non-statutory stock option vests in five equal annual installments, with the first installment becoming exercisable on the first anniversary of the date of grant, or June 16, 2009, and succeeding installments on each anniversary thereafter through June 16, 2013.
[F5]This non-statutory stock option has vested. Accordingly, 25,567 non-statutory stock options have vested and 1,176 non-statutory stock options have not vested.

Documents

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