WHITTLE MACK I JR 4

4 · SOUTH FINANCIAL GROUP INC · Filed Nov 19, 2008

Form 4

Period: 2008-11-17

Director

Transactions

Exercise/Conversion
Series 2008D-NV Preferred Stock
2008-11-17+1→ 47 total
Exercise: $0.00→ Common Stock (153.846 underlying)
Exercise/Conversion
Phantom Stock Units
2008-11-17−446→ 10,909.494 total
Exercise: $0.00→ Common Stock (446 underlying)
Exercise/Conversion
Common Stock
2008-11-17+446→ 656,034.2 total

Holdings

Footnotes (6)

[F1]These shares were acquired by the Reporting Person pursuant to the conversion of phantom units held through the Issuer's Director and Executive Deferred Compensation Plan.
[F2]Convertible on a 1 for 1 basis
[F3]Phantom Units are payable in shares of TSFG common stock following the termination of the Reporting Person's employee or director relationship with TSFG.
[F4]Each share of Preferred Stock is convertible into approximately 153.846 shares of the Issuer's Common Stock.
[F5]These shares of Preferred Stock are convertible into shares of the Issuer's Common Stock based on the conversion price set forth in the terms of such Preferred Stock. Mandatory conversion of shares of Preferred Stock not previously converted will occur upon the later of May 1, 2011.
[F6]These shares of Preferred Stock are convertible into shares of the Issuer's Common Stock based on the conversion price set forth in the terms of such Preferred Stock. Mandatory conversion of shares of Preferred Stock not previously converted, will occur upon the later of May 1, 2011.

Documents

1 file