CORNERSTONE BANCORP INC 4
4 · CORNERSTONE BANCORP INC · Filed Jul 13, 2005
Insider Transaction Report
Form 4
HARDISTY LEIGH A
Vice President
Transactions
- Exercise/Conversion
Common Stock
2005-07-11$8.68/sh+6,050$52,502→ 7,875 total - Exercise/Conversion
Employee Stock option - right to buy
2005-07-11$8.68/sh−6,050$52,502→ 0 totalExercise: $8.68From: 1995-07-19Exp: 2005-07-19→ Common Stock (6,050 underlying)
Holdings
- 5,446
Employee Stock Option - right to buy
Exercise: $16.01From: 1997-12-31Exp: 2007-12-31→ Common Stock (4,840 underlying) - 303
Employee Stock option - right to buy
Exercise: $8.99From: 1996-02-21Exp: 2006-02-21→ Common Stock (303 underlying) - 6,050
Employee Stock Option - right to buy
Exercise: $8.68From: 1995-07-19Exp: 2005-07-19→ Common Stock (6,050 underlying) - 606
Employee Stock Option - right to buy
Exercise: $12.40From: 1997-05-21Exp: 2007-05-21→ Common Stock (303 underlying)
Footnotes (1)
- [F1]During 2005, the reporting person received 4.702 shares of common stock as a result of participation in the Bancorp's plan for the reinvestment of dividends. Approximately 0.70 fractional shares of common atock were converted to cash as a result of the termination of the Bancorp's plan for the reinvestment of dividends in May 2005.