CORNERSTONE BANCORP INC 4
4 · CORNERSTONE BANCORP INC · Filed Apr 27, 2005
Insider Transaction Report
Form 4
READER PAUL H
DirectorSenior Vice President
Transactions
- Exercise/Conversion
Employee Stock Option - right to buy
2005-04-25$8.68/sh−3,025$26,251→ 0 totalExercise: $8.68From: 1995-06-21Exp: 2005-06-21→ Common Stock (3,025 underlying) - Exercise/Conversion
Employee Stock Option - Right to buy
2005-04-25$8.68/sh−6,050$52,502→ 0 totalExercise: $8.68From: 1995-06-21Exp: 2005-06-21→ Common Stock (6,050 underlying) - Exercise/Conversion
Common Stock
2005-04-25$8.68/sh+9,075$78,753→ 17,765.74 total
Holdings
- 885.837(indirect: Custodian for minor)
Common Stock
- 50,106
Employee Stock Option - right to buy
Exercise: $14.54From: 2002-01-02Exp: 2012-01-02→ Common Stock (1,100 underlying) - 9,378
Employee Stock Option - right to buy
Exercise: $8.99From: 1996-02-21Exp: 2006-02-21→ Common Stock (1,513 underlying) - 1,210(indirect: By Spouse)
Common Stock
- 7,865
Employee Stock Option - right to buy
Exercise: $8.68From: 1995-07-19Exp: 2005-07-19→ Common Stock (7,865 underlying) - 25,411
Employee Stock Option - right to buy
Exercise: $16.01From: 1997-12-31Exp: 2007-12-31→ Common Stock (14,520 underlying) - 10,891
Employee Stock Option - right to buy
Exercise: $12.40From: 1997-05-21Exp: 2007-05-21→ Common Stock (1,513 underlying) - 49,006
Employee Stock Option - right to buy
Exercise: $8.68From: 1995-07-19Exp: 2005-07-19→ Common Stock (23,595 underlying) - 10,398.83(indirect: By Trust)
Common Stock
- 52,106
Employee Stock Option - right to buy
Exercise: $20.30From: 2004-01-02Exp: 2014-01-02→ Common Stock (2,000 underlying)
Footnotes (3)
- [F1]The reporting person received 56.697 shares of Cornerstone Bancorp, Inc. common stock as a result of participation in the company's plan for the reinvestment of dividends.
- [F2]The reporting person received 5.778 shares of Cornerstone Bancorp, Inc. common stock as a result of participation in the company's plan for the reinvestment of dividends.
- [F3]The reporting person received 67.841 shares of Cornerstone Bancorp, Inc. common stock as a result of participation in the company's plan for the reinvestment of dividends.