CORNERSTONE BANCORP INC 4

4 · CORNERSTONE BANCORP INC · Filed Oct 1, 2003

Form 4

Period: 2003-09-30

Director

Transactions

Holdings

Common Stock
(indirect: By IRA)
110
Common Stock
(indirect: By self as custodian for minor)
388.144
Director Stock Option - Right to Buy
Exercise: $12.40From: 1997-05-21Exp: 2007-05-21→ Common Stock (303 underlying)
3,328
Director Stock Option - Right to buy
Exercise: $13.64From: 1999-05-19Exp: 2009-05-19→ Common Stock (275 underlying)
3,906
Director Stock Option - Right to Buy
Exercise: $10.91From: 2000-05-17Exp: 2010-05-17→ Common Stock (275 underlying)
4,181
Common Stock
(indirect: By minor)
347.876
Director Stock Option - Right to Buy
Exercise: $18.00From: 2003-05-18Exp: 2013-05-18→ Common Stock (250 underlying)
4,981
Common Stock
(indirect: By self as custodian for minor)
828.144
Common Stock
(indirect: By self as custodian for minor)
1,303.91
Director Stock Option - Right to Buy
Exercise: $12.82From: 2001-05-16Exp: 2011-05-16→ Common Stock (275 underlying)
4,456
Director Stock Option - Right to Buy
Exercise: $8.99From: 1996-02-21Exp: 2006-02-21→ Common Stock (3,025 underlying)
3,025
Director Stock Option - Right to Buy
Exercise: $17.25From: 1998-05-20Exp: 2008-05-20→ Common Stock (303 underlying)
3,631
Director Stock Option - Right to Buy
Exercise: $17.82From: 2002-05-15Exp: 2012-05-15→ Common Stock (275 underlying)
4,731
Common Stock
(indirect: By minor)
173.941

Footnotes (7)

[F1]The reporting received a restricted stock grant which vests pursuant to the vesting schedule found in the 2001 Restricted Stock Plan
[F2]The reporting person received 101.476shares of common stock as a result of participation in the Bancorp's plan for reinvestment of dividends.
[F3]The reporting person received 6.982 shares of common stockas a result of participation in the Bancorp's plan for reinvestment of dividends
[F4]The reporting person recieved 3.13 shares of common stock as a result of participation in the Bancorp's plan for reinvestmen of dividends.
[F5]The reporting person received 19.498 shares of common stock as a result of participation in the Bancorp's plan for reinvestment of dividends
[F6]The reportin person received 6.258 shares of common stock as a result of participation in the Bancorp's plan for reinvestment of dividends.
[F7]The reporting person received 6.982 shares of common stock as a result of participation in the Bancorp's plan for reinvestment of dividends.

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