WHITE JAMES 4
4 · SUPERIOR BANCORP · Filed Jul 24, 2009
Insider Transaction Report
Form 4
SUPERIOR BANCORPSUPR
WHITE JAMES
Chief Financial Officer
Transactions
- Award
stock option (right to buy)
2009-07-22+6,000→ 6,000 totalExercise: $2.91Exp: 2019-07-22→ common stock (6,000 underlying)
Holdings
- 25,000
stock option (right to buy)
Exercise: $5.41Exp: 2018-10-22→ common stock (25,000 underlying)
Footnotes (2)
- [F1]Stock options vest on the earlier of July 22, 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 October 22, 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.