JONES GREGORY B 4

4 · CORNERSTONE BANCSHARES INC · Filed Mar 3, 2009

Form 4

Period: 2009-03-01

DirectorChairman & CEO

Transactions

Award
Stock Options
2009-03-01+15,000→ 185,000 total
Exercise: $3.60From: 2011-03-01Exp: 2019-03-01→ Cornerstone Bancshares, Inc. (15,000 underlying)

Holdings

Stock Options
Exercise: $9.23From: 2007-03-01Exp: 2015-03-01→ Cornerstone Bancshares, Inc. (18,000 underlying)
143,200
Common Stock
(indirect: By IRA)
65,000
Stock Options
Exercise: $3.63From: 2005-03-01Exp: 2013-03-01→ Cornerstone Bancshares, Inc. (34,000 underlying)
90,400
Stock Options
Exercise: $13.25From: 2008-03-01Exp: 2016-03-01→ Cornerstone Bancshares, Inc. (13,000 underlying)
156,200
Common Stock
29,400
Stock Options
Exercise: $3.25From: 2002-03-01Exp: 2010-03-01→ Cornerstone Bancshares, Inc. (4,000 underlying)
4,000
Stock Options
Exercise: $5.44From: 2006-03-01Exp: 2014-03-01→ Cornerstone Bancshares, Inc. (34,800 underlying)
125,200
Common Stock
(indirect: By Spouse)
5,600
Stock Options
Exercise: $3.25From: 2003-03-01Exp: 2011-03-01→ Cornerstone Bancshares, Inc. (20,400 underlying)
24,400
Stock Options
Exercise: $7.99From: 2010-03-01Exp: 2018-03-01→ Cornerstone Bancshares, Inc. (6,300 underlying)
170,000
Stock Options
Exercise: $3.63From: 2004-05-01Exp: 2012-05-01→ Cornerstone Bancshares, Inc. (32,000 underlying)
56,400
Stock Options
Exercise: $15.25From: 2009-03-01Exp: 2017-03-01→ Cornerstone Bancshares, Inc. (7,500 underlying)
163,700

Footnotes (1)

[F1]The exercise date is determined by the following vesting schedule: 30% after the 2nd anniversary date, 60% after the 3rd anniversary date and 100% after the 4th anniversary date.

Documents

1 file