4//SEC Filing
CORNERSTONE BANCSHARES INC 4
Accession 0001340381-07-000002
$SMBKCIK 0001038773operating
Filed
Feb 6, 7:00 PM ET
Accepted
Feb 7, 3:37 PM ET
Size
12.0 KB
Accession
0001340381-07-000002
Insider Transaction Report
Form 4
LEVINE LAWRENCE D
Director
Transactions
- Sale
Common Stock
2007-02-06$16.50/sh−1,000$16,500→ 39,110 total(indirect: By Trust)
Holdings
- 4,000
Stock Options
Exercise: $13.25From: 2007-03-01Exp: 2016-03-01→ Cornerstone Bancshares, Inc. (4,000 underlying) - 800(indirect: By Spouse)
Common Stock
- 1,000
Stock Options
Exercise: $9.23From: 2006-03-01Exp: 2015-03-01→ Cornerstone Bancshares, Inc. (1,000 underlying) - 5,400
Common Stock
- 2,000
Stock Options
Exercise: $5.44From: 2005-03-01Exp: 2014-03-01→ Cornerstone Bancshares, Inc. (2,000 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 20,055 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 400 additional shares of common stock.
- [F3]On December 18, 2006 the common stock of Cornerstone Bancshares, Inc. split 2-for-1, resulting inf the reporting person's ownership of 2,700 additional shares.
- [F4]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 occured 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 fo the anniversary of grant date.
- [F6]This option was previously reported as covering 500 shares at an exercise price of $18.45 per share, but was adjusted to reflect the stock split that occured on December 18, 2006.
- [F7]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 occured 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
- Feb 6, 7:00 PM ET
- Accepted
- Feb 7, 3:37 PM ET
- Size
- 12.0 KB