Home/Filings/4/0001140361-11-034819
4//SEC Filing

Kahle Patricia Trussell 4

Accession 0001140361-11-034819

CIK 0001051871other

Filed

Jun 29, 8:00 PM ET

Accepted

Jun 30, 6:19 PM ET

Size

10.4 KB

Accession

0001140361-11-034819

Insider Transaction Report

Form 4
Period: 2011-06-29
Kahle Patricia Trussell
Senior VP of Subsidiary Bank
Transactions
  • Tax Payment

    Common Stock

    2011-06-29$4.14/sh193$7995,404 total
Holdings
  • Common Stock

    (indirect: By her ESOP)
    1,544
  • Stock Option (Right to Buy)

    Exercise: $4.76Exp: 2019-03-16Common Stock (211 underlying)
    211
  • Stock Option (Right to Buy)

    Exercise: $7.62Exp: 2018-06-16Common Stock (5,250 underlying)
    5,250
  • Common Stock

    (indirect: By 401(k))
    586
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 a total of 5,775 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.
  • [F4]Includes 525 Recognition and Retention awards that will cliff vest on January 22, 2012, five years after the date of the award. Accordingly, 1,575 shares have vested and 4,200 shares have not vested.
  • [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 March 16, 2010, and continuing each anniversary thereafter through March 16, 2014.
  • [F6]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, 1,659 incentive options have vested and 3,802 incentive options are unvested.

Documents

1 file

Issuer

CITIZENS SOUTH BANKING CORP

CIK 0001051871

Entity typeother

Related Parties

1
  • filerCIK 0001428493

Filing Metadata

Form type
4
Filed
Jun 29, 8:00 PM ET
Accepted
Jun 30, 6:19 PM ET
Size
10.4 KB