Flowe Ira McDonald Jr 4
4 · CITIZENS SOUTH BANKING CORP · Filed Oct 10, 2012
Insider Transaction Report
Form 4
Flowe Ira McDonald Jr
Senior VP of Subsidiary Bank
Transactions
- Disposition to Issuer
Common Stock
2012-10-01−7,350→ 0 total - Disposition to Issuer
Common Stock
2012-10-01−5,228→ 0 total(indirect: By his ESOP) - Disposition to Issuer
Stock Option (Right to Buy)
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)
2012-10-01−7,875→ 0 totalExercise: $11.90From: 2005-10-18Exp: 2014-10-18→ Common Stock (7,500 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2012-10-01−5,250→ 0 totalExercise: $7.62From: 2009-06-16Exp: 2018-06-16→ Common Stock (5,250 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.