Lee Mark A 4
4 · SUPERIOR BANCORP · Filed Jul 24, 2009
Insider Transaction Report
Form 4
SUPERIOR BANCORPSUPR
Lee Mark A
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: $10.14Exp: 2018-07-23→ common stock (1,250 underlying) - 1,250
stock option (right to buy)
Exercise: $20.40Exp: 2018-04-21→ 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 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.
- [F3]Stock options vest on the earlier of April 21, 2013 or (a) 50% on the date on which the 10-day average trading price of Superior Bancorp common stock is at least $35.00 per share and (b) 50% on the date on which the 10-day average trading price of Superior Bancorp common stock is at least $43.00 per share.