KENT JAMES MAILON JR 4
4 · SUPERIOR BANCORP · Filed Jul 27, 2009
Insider Transaction Report
Form 4
SUPERIOR BANCORPSUPR
KENT JAMES MAILON JR
Director
Transactions
- Award
stock option (right to buy)
2009-07-23+2,500→ 2,500 totalExercise: $2.82Exp: 2019-07-23→ common stock (2,500 underlying)
Holdings
- 2,500
stock option (right to buy)
Exercise: $26.60Exp: 2011-06-19→ common stock (2,500 underlying) - 1,250
stock option (right to buy)
Exercise: $24.00Exp: 2010-06-20→ 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.