4//SEC Filing
CORNERSTONE BANCSHARES INC 4
Accession 0001340381-07-000001
$SMBKCIK 0001038773operating
Filed
Jan 30, 7:00 PM ET
Accepted
Jan 31, 4:45 PM ET
Size
11.9 KB
Accession
0001340381-07-000001
Insider Transaction Report
Form 4
WIGGINS BILLY O
Director
Transactions
- Sale
Common Stock
2007-01-30$16.15/sh−7,190$116,118→ 52,190 total
Holdings
- 12,000(indirect: By Children)
Common Stock
- 86,080(indirect: By IRA)
Common Stock
- 4,000
stock options
Exercise: $13.25From: 2007-03-01Exp: 2016-03-01→ Cornerstone Bancshares, Inc. (4,000 underlying) - 2,000
Stock Option
Exercise: $5.44From: 2005-03-01Exp: 2014-03-01→ Cornerstone Bancshares, Inc. (2,000 underlying) - 1,000
stock options
Exercise: $9.22From: 2006-03-01Exp: 2015-03-01→ Cornerstone Bancshares, Inc. (1,000 underlying)
Footnotes (7)
- [F1]On December 18, 2006, the common stock of Cornerstone Bancshares, Inc. split 2-for-1, resulting in the reporting person's ownership of 29,690 additional shares of common stock.
- [F2]On December 18, 2006, the common stock of Cornerstone Bancshares, Inc. split 2-for-1, resulting in the reporting person's ownership of 6,000 additional shares.
- [F3]On December 18, 2006 the common stock of Cornerstone Bancshares,Inc. split 2-for-1, resulting in the reporting person's ownership of 43,040 additional shares.
- [F4]This option was previously reported as covering 2,000 shares at an exercise price of $26.50 per share, but was adjusted to reflect the stock split that occurred on December 18, 2006.
- [F5]The exercise date is determined by a vesting schedule: 50% the first year from the anniversary of grant date, 50% the second date of the anniversary of grant date.
- [F6]This option was previously reported as covering 1,000 shares at an exercise price of $10.88 per share, but was adjusted to reflect the stock split that occurred on December 18, 2006.
- [F7]This option was previously reported as covering 500 shares at an exercise price of $18.45 per share, but was adjusted to refelct the stock split that occurred on December 18, 2006.
Documents
Issuer
CORNERSTONE BANCSHARES INC
CIK 0001038773
Entity typeoperating
IncorporatedTN
Related Parties
1- filerCIK 0001038773
Filing Metadata
- Form type
- 4
- Filed
- Jan 30, 7:00 PM ET
- Accepted
- Jan 31, 4:45 PM ET
- Size
- 11.9 KB