Puckett W Dan 4
4 · CapitalSouth Bancorp · Filed Jan 19, 2006
Insider Transaction Report
Form 4
Puckett W Dan
DirectorChairman, CEO
Transactions
- Exercise/Conversion
Incorporators Stock Option (right to buy)
2006-01-13−60,000→ 43,000 totalExercise: $13.03From: 1992-01-15Exp: 2006-01-15→ Common Stock (60,000 underlying) - Exercise/Conversion
Common Stock
2006-01-13$13.03/sh+60,000$781,800→ 180,403 total - Tax Payment
Common Stock
2006-01-13$21.40/sh−44,179$945,431→ 136,224 total
Footnotes (1)
- [F1]This stock option was issued pursuant to an Incorporators Stock Option Agreement dated January 15, 1992, as amended on March 13, 2003. The option is immediately exercisable at a price per share equal to Issuer's current book value per share, which was $13.03 as of December 31, 2005.