KINNEY KERRI C 4

4 · COMMUNITY BANCSHARES INC /DE/ · Filed Apr 29, 2004

Form 4

Period: 2004-04-27

Chief Financial Officer

Transactions

Disposition to Issuer
2001 Stock Options
2004-04-27−3,000→ 0 total
Exercise: $10.00From: 2001-12-18→ common stock (3,000 underlying)
Award
2001 Stock Options
2004-04-27+3,000→ 3,000 total
Exercise: $10.00From: 2001-12-18Exp: 2006-12-17→ common stock (3,000 underlying)
Disposition to Issuer
2003 Stock Options
2004-04-27−15,000→ 0 total
Exercise: $7.00From: 2003-08-01→ common stock (15,000 underlying)
Disposition to Issuer
2003 Stock Options
2004-04-27−12,500→ 0 total
Exercise: $7.00From: 2003-02-06→ common stock (12,500 underlying)
Award
2003 Stock Options
2004-04-27+15,000→ 15,000 total
Exercise: $7.00From: 2003-08-01Exp: 2008-07-31→ common stock (15,000 underlying)
Award
2003 Stock Options
2004-04-27+12,500→ 12,500 total
Exercise: $7.00From: 2003-02-06Exp: 2008-02-05→ common stock (12,500 underlying)

Footnotes (3)

[F1]Amendment of outstanding option resulting in a deemed cancellation of option and grant of replacement option. The option was originally granted on August 1, 2003 with an expiration date of July 31, 2008.
[F2]Amendment of outstanding option resulting in a deemed cancellation of option and grant of replacement option. The option was originally granted on February 6, 2003 with an expiration date of February 5, 2008.
[F3]Amendment of outstanding option resulting in a deemed cancellation of option and grant of replacement option. The option was originally granted on December 18, 2001 with an expiration date of December 17, 2006.

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