Dobbs Thomas E Jr 4
4 · SUPERIOR BANCORP · Filed Jul 24, 2009
Insider Transaction Report
Form 4
SUPERIOR BANCORPSUPR
Dobbs Thomas E 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
- 1,250
stock option (right to buy)
Exercise: $5.48Exp: 2019-04-23→ common stock (1,250 underlying)
Footnotes (2)
- [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 vest on the earlier of April 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.