CORNERSTONE BANCORP INC 5
5 · CORNERSTONE BANCORP INC · Filed Feb 11, 2005
Insider Transaction Report
Form 5
FORGOTSON MERRILL J
DirectorPresident & CEO
Transactions
- Award
Employee stock option - right to buy
2004-01-02$20.30/sh+2,000$40,600→ 26,200 totalExercise: $20.30From: 2004-01-02Exp: 2014-01-02→ Common Stock (2,000 underlying) - Will/Inheritance
Common Stock
2004-04-07+10,250→ 10,330.99 total(indirect: By Trust)
Holdings
- 1,942.508(indirect: By Spouse)
Common Stock
- 22,000
Employee stock option - right to buy
Exercise: $13.64From: 2001-05-29Exp: 2011-05-29→ Common Stock (22,000 underlying) - 7,700
Common Stock
- 24,200
Employee stock option - right to buy
Exercise: $14.54From: 2002-01-02Exp: 2012-01-02→ Common Stock (2,200 underlying) - 1,251.987(indirect: By Spouse)
Common Stock
- 60(indirect: By Children)
Common Stock
Footnotes (3)
- [F1]The reporting person received 21.536 shares of common stock as a result of participation in the Bancorp's plan for the reinvestment of dividends.
- [F2]The reporting person received 33.414 shares of common stock as a result of participation in the Bancorp's plan for the reinvestment of dividends.
- [F3]The reporting person received 80.99 shares of common stock as a result of participation in the Bancorp's plan for the reinvestment of dividends.