DRIVER B KENNETH 4
4 · CORNERSTONE BANCSHARES INC · Filed Aug 18, 2005
Insider Transaction Report
Form 4
DRIVER B KENNETH
Director
Transactions
- Exercise/Conversion
Stock Options
2005-08-17$5.00/sh−20,000$100,000→ 1,500 totalExercise: $5.00From: 1996-02-01Exp: 2006-02-01→ Cornerstone Bancshares, Inc. (20,000 underlying) - Purchase
Common Stock
2005-08-17$5.00/sh+20,000$100,000→ 53,672 total
Holdings
- 1,500
Stock Options
Exercise: $13.40From: 2005-03-01Exp: 2014-03-01→ Cornerstone Bancshares, Inc. (1,500 underlying)
Footnotes (3)
- [F1]Exercise prices range from $10.88 to $18.45
- [F2]Exercise dates are determined by a vesting period; 50% the first year, 50% the second year.
- [F3]Expiration dates range from 2014 to 2015