OAKLEY WALTER FLAKE IV 4
4 · CapitalSouth Bancorp · Filed Dec 23, 2008
Insider Transaction Report
Form 4
OAKLEY WALTER FLAKE IV
DirectorPresident
Transactions
- Purchase
Common Stock
2008-12-22$2.00/sh+5,000$10,000→ 8,850 total - Award
Common Stock
2008-12-19+150→ 9,000 total
Holdings
- 3,000
Employee Stock Option (Right to Buy)
Exercise: $16.20Exp: 2017-06-18→ Common Stock (3,000 underlying)
Footnotes (2)
- [F1]Shares issued in lieu of certain fees for participation in meetings of the Board of Directors and certain of its committees using the closing sale price on December 19, 2008 of $0.70 per share.
- [F2]The option vests one-third upon grant, and the remainder vests in 1/8 installments on the completion of each calendar quarter beginning September 30, 2008.