4//SEC Filing
FORGOTSON MERRILL J 4
Accession 0001239390-05-000009
CIK 0001079385other
Filed
Aug 7, 8:00 PM ET
Accepted
Aug 8, 1:19 PM ET
Size
13.6 KB
Accession
0001239390-05-000009
Insider Transaction Report
Form 4
FORGOTSON MERRILL J
DirectorPresident & CEO
Transactions
- Exercise/Conversion
Employee stock option - right to buy
2005-08-04$13.64/sh−15,000$204,540→ 7,000 totalExercise: $13.64From: 2001-05-29Exp: 2011-05-29→ Common stock (15,000 underlying) - Exercise/Conversion
Common stock
2005-08-04$13.64/sh+15,000$204,540→ 22,700 total
Holdings
- 11,200
Employee stock option - right to buy
Exercise: $20.30From: 2004-01-02Exp: 2014-01-02→ Common stock (2,000 underlying) - 60(indirect: By Children)
Common stock
- 1,260(indirect: By Spouse)
Common Stock
- 10,398(indirect: By Trust)
Common stock
- 11,060(indirect: By Spouse)
Common Stock
- 9,200
Employee Stock option - right to buy
Exercise: $14.54From: 2002-01-02Exp: 2012-01-02→ Common stock (2,200 underlying)
Footnotes (3)
- [F1]During 2005 the reporting persons received 8.221 shares of common stock as a result of participation in the Bancorp's plan for the reinvestment of dividends. In May 2005, 0.21 shares of common stock were converted to cash as a result of the termination of the Bancorp's plan for the reinvestment of dividends.
- [F2]During 2005 the reporting person received 43.23 shares of common stock as a result of participation in the Bancorp's plan for the reinvestment of dividends. In May 2005, 0.74 shares of common stock were converted to cash as a result of the termination of the Bancorp's plan for the reinvestment of dividends.
- [F3]During 2005 the reporting person received 67.84 shares of common stock as a result of participation in the Bcorp's plan for the reinvestment of dividends. In May 2005, 0.83 shares of common stock were converted to cash as a result of termination of the Bancorp's plan for the reinvestment of dividends.
Documents
Issuer
CORNERSTONE BANCORP INC
CIK 0001079385
Entity typeother
Related Parties
1- filerCIK 0001239388
Filing Metadata
- Form type
- 4
- Filed
- Aug 7, 8:00 PM ET
- Accepted
- Aug 8, 1:19 PM ET
- Size
- 13.6 KB