JERNIGAN THOMAS E JR 4
4 · SUPERIOR BANCORP · Filed Jul 27, 2009
Insider Transaction Report
Form 4
SUPERIOR BANCORPSUPR
JERNIGAN THOMAS E JR
Director
Transactions
- Award
stock option (right to buy)
[F1]2009-07-23+2,500→ 2,500 totalExercise: $2.82Exp: 2019-07-23→ common stock (2,500 underlying)
Holdings
- 1,250
stock option (right to buy)
[F2]Exercise: $24.00Exp: 2010-06-20→ common stock (1,250 underlying) - 2,500
stock option (right to buy)
[F2]Exercise: $26.60Exp: 2011-06-19→ common stock (2,500 underlying) - 1,250
stock option (right to buy)
[F2]Exercise: $30.68Exp: 2012-07-31→ common stock (1,250 underlying) - 1,250
stock option (right to buy)
[F2]Exercise: $25.00Exp: 2014-06-15→ common stock (1,250 underlying) - 1,250
stock option (right to buy)
[F2]Exercise: $39.84Exp: 2015-04-20→ common stock (1,250 underlying) - 1,250
stock option (right to buy)
[F3]Exercise: $10.14Exp: 2018-07-23→ common stock (1,250 underlying)
Footnotes (3)
- [F1]Stock options vest on the earlier of July 23, 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 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.
Signature
William H. Caughran, attorney-in-fact|2009-07-27