Caughran William H Jr 4
4 · SUPERIOR BANCORP · Filed Jul 24, 2009
Insider Transaction Report
Form 4
SUPERIOR BANCORPSUPR
Caughran William H Jr
General Counsel
Transactions
- Award
employee stock option (right to buy)
2009-07-22+4,000→ 4,000 totalExercise: $2.91Exp: 2019-07-22→ common stock (4,000 underlying)
Holdings
- 2,750
employee stock option (right to buy)
Exercise: $10.14Exp: 2018-07-23→ common stock (2,750 underlying) - 2,500
employee stock option (right to buy)
Exercise: $39.96Exp: 2017-07-17→ common stock (2,500 underlying)
Footnotes (3)
- [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 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.
- [F3]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.