BOYD DANIEL MARCUS IV 4
4 · CITIZENS SOUTH BANKING CORP · Filed Oct 10, 2012
Insider Transaction Report
Form 4Exit
BOYD DANIEL MARCUS IV
DirectorSEVP & COO of subsidiary bank
Transactions
- Disposition to Issuer
Common Stock
[F1][F2]2012-10-01−15,697→ 0 total - Disposition to Issuer
Common Stock
[F1]2012-10-01−7,356→ 0 total(indirect: By 401(k)) - Disposition to Issuer
Common Stock
[F1]2012-10-01−9,223→ 0 total(indirect: By his ESOP) - Disposition to Issuer
Stock Option (Right to Buy)
[F2]2012-10-01−211→ 0 totalExercise: $4.76From: 2010-03-16Exp: 2019-03-16→ Common Stock (211 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
[F2]2012-10-01−21,000→ 0 totalExercise: $7.62From: 2009-06-16Exp: 2018-06-16→ Common Stock (21,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
[F2]2012-10-01−21,000→ 0 totalExercise: $14.32From: 2003-11-03Exp: 2013-11-03→ Common Stock (21,000 underlying)
Footnotes (2)
- [F1]Each stockholder of the Company was provided an election with respect to merger consideration, on a per share basis, consisting of $7.00 in cash or 1.4799 shares of Park Sterling Corporation common stock.
- [F2]Stock options and unvested restricted stock awards have been converted to Park Sterling Corporation stock options and restricted stock awards at the time of the merger, based on the merger exchange ratio of 1.4799-for-one.
Signature
/s/ Paul L. Teem, Jr., pursuant to power of attorney|2012-10-05