LEE JERRY D 4
4 · CORNERSTONE BANCSHARES INC · Filed May 3, 2005
Insider Transaction Report
Form 4
LEE JERRY D
DirectorExecutive Vice President
Transactions
- Award
Stock Options
[F1][F2][F3]2005-03-01$18.45/sh+7,000$129,150→ 73,200 totalExercise: $8.79From: 2007-03-01Exp: 2015-03-01→ Cornerstone Bancshares, Inc. (7,000 underlying)
Holdings
- 2,500
Common Stock
- 24,000(indirect: By IRA)
Common Stock
- 19,000(indirect: By Spouse)
Common Stock
- 1,200(indirect: Cust Minor)
Common Stock
Footnotes (3)
- [F1]Exercise price ranges from $6.50 to $18.45
- [F2]Exercise date is determined by four year vesting schedule, 30% in the second year, 30% in the 3rd year, and 40% in the 4th year.
- [F3]The expiration dates of the options range from 03/01/2009 to 03/01/2015
Signature
\s\ Jerry D. Lee|2005-05-01