Essex Bruce J 4
4 · COMMUNITY SHORES BANK CORP · Filed Dec 4, 2009
Insider Transaction Report
Form 4
Essex Bruce J
Director
Transactions
- Award
Common Stock
2009-12-03$0.82/sh+7,000$5,740→ 71,495 total
Holdings
- 6,250(indirect: by Port City Die Cast Corporation)
Common Stock
- 75,000(indirect: By Muskegon Castings Corp.)
Common Stock
- 700(indirect: By Spouse)
Common Stock
Footnotes (2)
- [F1]This corporation is owned by the reporting person. The reporting person disclaims beneficial ownership of these shares in excess of his pecuniary interest in them.
- [F2]The reporting person's son is the principal shareholder and Chief Executive Officer of Muskegon Castings Corp. The reporting person does not own any interest in Muskegon Castings Corp, and has no right to vote or dispose of any of these shares. However, if any of these shares are sold between now and 2016, the reporting person is entitled to a portion of the proceeds, which by contract declines annually through 2016. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest in them.