SUPERIOR BANCORP·4

Jul 24, 11:18 AM ET

Gossett James C 4

4 · SUPERIOR BANCORP · Filed Jul 24, 2009

Insider Transaction Report

Form 4
Period: 2009-07-22
Gossett James C
Chief Accounting Officer
Transactions
  • Award

    employee stock option (right to buy)

    2009-07-22+800800 total
    Exercise: $2.91Exp: 2019-07-22common stock (800 underlying)
Holdings
  • employee stock option (right to buy)

    Exercise: $30.68Exp: 2012-07-31common stock (625 underlying)
    625
  • employee stock option (right to buy)

    Exercise: $26.60Exp: 2011-06-19common stock (1,875 underlying)
    1,875
  • employee stock option (right to buy)

    Exercise: $25.00Exp: 2014-06-15common stock (3,751 underlying)
    3,751
  • employee stock option (right to buy)

    Exercise: $42.24Exp: 2016-07-17common stock (1,250 underlying)
    1,250
  • employee stock option (right to buy)

    Exercise: $24.00Exp: 2010-06-20common stock (625 underlying)
    625
  • employee stock option (right to buy)

    Exercise: $10.14Exp: 2018-07-23common stock (800 underlying)
    800
  • employee stock option (right to buy)

    Exercise: $42.72Exp: 2015-07-14common stock (1,250 underlying)
    1,250
  • employee stock option (right to but)

    Exercise: $39.96Exp: 2017-07-17common stock (750 underlying)
    750
Footnotes (5)
  • [F1]Stock options vest on the earlier of July 22, 2014 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 options are currently exercisable.
  • [F3]Stock options vest on the earlier of July 17, 2011 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.
  • [F4]Stock options vest on 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.
  • [F5]Stock options vest on 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.

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