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4//SEC Filing

CITIZENS SOUTH BANKING CORP 4

Accession 0000943374-06-001032

CIK 0001051871operating

Filed

Aug 13, 8:00 PM ET

Accepted

Aug 14, 5:22 PM ET

Size

20.0 KB

Accession

0000943374-06-001032

Insider Transaction Report

Form 4
Period: 2006-08-10
HUFFSTETLER JOHN STEPHEN
Senior VP of Subsidiary Bank
Transactions
  • Sale

    Common Stock

    2006-08-11$12.65/sh3,220$40,7339,200 total
  • Exercise/Conversion

    Stock Option (Right to Buy)

    2006-08-1078018,696 total
    Exercise: $5.61From: 1999-04-19Exp: 2009-04-19Common Stock (780 underlying)
  • Sale

    Common Stock

    2006-08-10$12.75/sh580$7,3959,400 total
  • Exercise/Conversion

    Stock Option (Right to Buy)

    2006-08-113,22015,476 total
    Exercise: $5.61From: 1999-04-19Exp: 2009-04-19Common Stock (3,220 underlying)
  • Exercise/Conversion

    Common Stock

    2006-08-10$5.61/sh+780$4,3729,980 total
  • Sale

    Common Stock

    2006-08-10$12.68/sh100$1,2689,300 total
  • Exercise/Conversion

    Common Stock

    2006-08-11$5.61/sh+3,220$18,04812,420 total
Holdings
  • Stock Option (Right to Buy)

    Exercise: $15.04From: 2003-11-03Exp: 2013-11-03Common Stock (20,000 underlying)
    20,000
  • Common Stock

    (indirect: By IRA)
    2,700
  • Common Stock

    (indirect: By 401(k))
    8,749
  • Common Stock

    (indirect: By his ESOP)
    8,276
Footnotes (3)
  • [F1]Includes remaining shares from 10,000 Recognition and Retention awards that vest over a seven-year period, commencing on November 3, 2003, at the rate of 30% on November 3, 2003, 10% on January 2, 2004, 10% on November 3, 2005, and 10% per year on November 3 of each year thereafter.
  • [F2]This Employee Incentive Stock Option vested in five (5) equal annual installments beginning April 19, 1999, and is vested.
  • [F3]This Employee Incentive Stock Option vested over a five-year period, commencing on the initial date of employment with Citizens South Bank and, therefore, vested on date of grant.

Issuer

CITIZENS SOUTH BANKING CORP

CIK 0001051871

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001051871

Filing Metadata

Form type
4
Filed
Aug 13, 8:00 PM ET
Accepted
Aug 14, 5:22 PM ET
Size
20.0 KB