Spagnoletti Maurice J 4
4 · SOUTH FINANCIAL GROUP INC · Filed Aug 28, 2006
Insider Transaction Report
Form 4
Spagnoletti Maurice J
Pres. - Subsidiary Bank
Transactions
- Award
Common Stock
2006-08-16+6,500→ 11,500 total - Award
Incentive Stock Option
2006-08-16+30,000→ 30,000 totalExercise: $27.00From: 2007-08-16Exp: 2016-08-16→ Common Stock (30,000 underlying)
Holdings
- 405.142(indirect: By IRA)
Common Stock
Footnotes (2)
- [F1]These shares of common stock of The South Financial Group, Inc. were granted to the Reporting Person pursuant to TSFG's Restricted Stock Plan. The restrictions on these shares will lapse as to 20% of the shares on the first anniversary of the date of grant and as to an additional 20% of the shares on each of the next four anniversaries thereof.
- [F2]The option vests and becomes exercisable as to 20% of the shares on the first anniversary of the date of grant and as to an additional 20% of the shares on the next four consecutive anniversaries of the date of grant.