Lee Mark A 4
4 · SUPERIOR BANCORP · Filed Jul 25, 2008
Insider Transaction Report
Form 4
SUPERIOR BANCORPSUPR
Lee Mark A
Director
Transactions
- Award
stock option (right to buy)
2008-07-23+1,250→ 1,250 totalExercise: $10.14Exp: 2018-07-23→ common stock (1,250 underlying)
Holdings
- 1,250
stock option (right to buy)
Exercise: $20.40Exp: 2018-04-21→ common stock (1,250 underlying)
Footnotes (2)
- [F1]Stock option vests upon the earlier of July 23, 2013 or (a) 50% on the date on which the 10-day average trading price of Superior Bancorp common stock is at least $13.25 per share and (b) 50% on the date on which the 10-day average trading price of Superior Bancorp common stock is at least $16.25 per share.
- [F2]Stock option vests upon the earlier of April 21, 2013 or (a) 50% on the 10-day average price of Superior Bancorp common stock reaching $35.00 per share and (b) 50% upon the 10-day average price of Superior Bancorp common stock reaching $43.00 per share.