4//SEC Filing
BOYD DANIEL MARCUS IV 4
Accession 0001140361-11-034626
CIK 0001051871other
Filed
Jun 28, 8:00 PM ET
Accepted
Jun 29, 5:47 PM ET
Size
12.0 KB
Accession
0001140361-11-034626
Insider Transaction Report
Form 4
BOYD DANIEL MARCUS IV
Exec. VP and COO of Subsidiary
Transactions
- Tax Payment
Common Stock
2011-06-29$4.14/sh−578$2,393→ 15,697 total
Holdings
- 7,658(indirect: By 401(k))
Common Stock
- 8,685(indirect: By his ESOP)
Common Stock
- 211
Stock Option (Right to Buy)
Exercise: $4.76Exp: 2019-03-16→ Common Stock (211 underlying) - 21,000
Stock Option (Right to Buy)
Exercise: $14.32From: 2003-11-03Exp: 2013-11-03→ Common Stock (21,000 underlying) - 21,000
Stock Option (Right to Buy)
Exercise: $7.62Exp: 2018-06-16→ Common Stock (21,000 underlying)
Footnotes (6)
- [F1]Reflects shares withheld to pay tax obligations on vesting of restricted stock.
- [F2]Reflects adjustment for stock split distributed on November 15, 2010.
- [F3]Includes the remaining shares from a total of 29,925 Restricted Stock Awards, composed of the remaining 11,025 unvested shares from 15,750 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 the remaining 3,675 unvested shares from 3,675 Recognition and Retention Plan awards that will cliff vest on January 22, 2012, five years after the date of the award; and includes 10,500 Recognition and Retention Plan shares awarded on November 3, 2003, that fully vested on November 3, 2010. Accordingly, 15,225 shares have vested and 14,700 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 the award, 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 the award, or on June 16, 2009, and continuing each anniversary thereafter through June 16, 2013.
- [F6]This incentive stock option has vested. Accordingly, 33,684 incentive stock options have vested and 8,527 incentive stock 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
- Jun 28, 8:00 PM ET
- Accepted
- Jun 29, 5:47 PM ET
- Size
- 12.0 KB