SUPERIOR BANCORP·4

Jul 25, 3:22 PM ET

Tarnakow Mark A 4

4 · SUPERIOR BANCORP · Filed Jul 25, 2008

Insider Transaction Report

Form 4
Period: 2008-07-23
Tarnakow Mark A
Chief Financial Officer
Transactions
  • Award

    Employee Stock Option (right to buy)

    2008-07-23+2,7502,750 total
    Exercise: $10.14Exp: 2018-07-23common stock (2,750 underlying)
Holdings
  • employee stock option (right to buy)

    Exercise: $39.96Exp: 2017-07-17common stock (12,500 underlying)
    12,500
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 July 17, 2012 or (a) 50% on the date on which the 10-day average trading price of Superior Bancorp common stock is at least $48.00 per share and (b) 50% on the date on which the 10-day average trading price of Superior Bancorp common stock is at least $56.00 per share.

Documents

1 file
  • 4
    primary_doc.xmlPrimary

    PRIMARY DOCUMENT