CORNERSTONE BANCSHARES INC 4
4 · CORNERSTONE BANCSHARES INC · Filed Jun 13, 2005
Insider Transaction Report
Form 4
MARLER EARL A JR
Director
Transactions
- Exercise/Conversion
Stock Options
2005-06-09$5.00/sh+10,000$50,000→ 0 totalExercise: $5.00From: 1996-02-01Exp: 2006-02-01→ Cornerstone Bancshares, Inc. (10,000 underlying) - Purchase
Common Stock
2005-06-02$5.00/sh+10,000$50,000→ 34,130 total - Sale
Common Stock
2005-06-13$17.50/sh+4,000$70,000→ 30,130 total
Holdings
- 11,500
Stock Options
Exercise: $6.10From: 2005-03-01Exp: 2014-03-01→ Cornerstone Bancshares, Inc. (11,500 underlying) - 30,000(indirect: By IRA)
Cornerstone Bancshares, Inc.
Footnotes (3)
- [F1]Exercise prices range from $5.00 to $18.45
- [F2]The exercise dates are determined by a two year vesting period: 50% the first year, 50% the 2nd year.
- [F3]Expiration daes range from 2014 to 2015.