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4//SEC Filing

READER PAUL H 4

Accession 0001239390-05-000008

CIK 0001079385other

View on SEC.gov Company Profile

Filed

Jul 14, 8:00 PM ET

Accepted

Jul 15, 1:44 PM ET

Size

22.6 KB

Accession

0001239390-05-000008

Insider Transaction Report

Form 4

Period: 2005-07-13

CORNERSTONE BANCORP INCcbn

DirectorSenior Vice President

Transactions

Exercise/Conversion
Common Stock
2005-07-13$8.99/sh+1,513$13,599→ 42,873 total
Exercise/Conversion
Employee Stock Option - right to buy
2005-07-13$8.68/sh−23,595$204,757→ 0 total
Exercise: $8.68From: 1995-07-19Exp: 2005-07-19→ Common Stock (23,595 underlying)
Exercise/Conversion
Common Stock
2005-07-13$8.68/sh+23,595$204,757→ 41,360 total
Exercise/Conversion
Employee Stock Option - right to buy
2005-07-13$8.68/sh−7,865$68,252→ 0 total
Exercise: $8.68From: 1995-07-19Exp: 2005-07-19→ Common Stock (7,865 underlying)
Exercise/Conversion
Employee Stock Option - right to buy
2005-07-13$8.99/sh−1,513$13,599→ 0 total
Exercise: $8.99From: 1996-02-21Exp: 2006-02-21→ Common Stock (1,513 underlying)
Exercise/Conversion
Common Stock
2005-07-13$8.68/sh+7,865$68,252→ 50,738 total

Holdings

Common Stock
(indirect: By Trust)
10,398
Employee Stock Option - right to buy
Exercise: $12.40From: 1997-05-21Exp: 2007-05-21→ Common Stock (1,513 underlying)
1,513
Employee Stock Option - right to buy
Exercise: $16.01From: 1997-12-31Exp: 2007-12-31→ Common Stock (14,520 underlying)
16,033
Common Stock
(indirect: By Spouse)
1,210
Common Stock
(indirect: Custodian for minor)
885
Employee Stock Option - right to buy
Exercise: $14.54From: 2002-01-02Exp: 2012-01-02→ Common Stock (1,100 underlying)
17,133
Employee Stock Option - right to buy
Exercise: $20.30From: 2004-01-02Exp: 2014-01-02→ Common Stock (2,000 underlying)
19,133

Footnotes (3)

[F1]Approximately 0.74 fractional shares of common stock were converted to cash as a result of the termination of the Bancorp's plan for the reinvestment of dividends in May 2005.
[F2]Approximately 0.837 fractional shares of common stock were converted to cash as a result of the termination of the Bancorp's plan for the inrevestment of dividends in May 2005.
[F3]Approximately 0.83 fractional shares of common stock were converted to cash as a result of the termination of the Bancorp's plan for the reinvestment of dividends in May 2005.

Documents

1 file

4
primary_doc.xmlPrimary
PRIMARY DOCUMENT

Issuer

CORNERSTONE BANCORP INC

CIK 0001079385

Entity typeother

Related Parties

1

filerCIK 0001169484

Filing Metadata

Form type: 4
Filed: Jul 14, 8:00 PM ET
Accepted: Jul 15, 1:44 PM ET
Size: 22.6 KB

View on SEC.gov