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4//SEC Filing

GALLAGHER THOMAS W 4

Accession 0001230295-10-000071

CIK 0000351077other

Filed

May 5, 8:00 PM ET

Accepted

May 6, 3:43 PM ET

Size

6.5 KB

Accession

0001230295-10-000071

Insider Transaction Report

Form 4
Period: 2010-05-04
GALLAGHER THOMAS W
EVP, G. Counsel & Secretary
Transactions
  • Award

    Restricted Stock Units

    2010-05-04+104,476104,476 total
Footnotes (2)
  • [F1]For each restricted stock unit, the reporting person will receive one share of the company's common stock at the time the applicable restrictions lapse, less any shares withheld to satisfy income and employment tax withholding requirements.
  • [F2]50% of these RSUs are subject to certain time-based vesting restrictions and 50% of these RSUs are subject to certain performance-based vesting restrictions. Generally, the restrictions as to 50% of the performance-based portion of these RSUs will lapse on May 4, 2011 if both of the following performance measures are met: i) the company attains the designated pre-tax, pre-provision income for the fiscal year 2010; and ii) the company attains the designated total provision expense for fiscal year 2010. Generally, the restrictions as to the remaining 50% of the performance-based portion of these RSUs will lapse on May 4, 2012 if both of the following performance measures are met: i) the company attains the designated pre-tax, pre-provision income for the fiscal year 2011: and ii) the company attains the designated total provision expense for fiscal year 2011. The restrictions as to the time-based portion of these RSUs will generally lapse on the third anniversary of the grant date.

Documents

1 file

Issuer

CITIZENS REPUBLIC BANCORP, INC.

CIK 0000351077

Entity typeother

Related Parties

1
  • filerCIK 0001232516

Filing Metadata

Form type
4
Filed
May 5, 8:00 PM ET
Accepted
May 6, 3:43 PM ET
Size
6.5 KB