CORNERSTONE BANCORP INC 4

4 · CORNERSTONE BANCORP INC · Filed Jan 6, 2004

Form 4

Period: 2004-01-02

DirectorSenior Vice President

Transactions

Award
Common Stock
2004-01-02$20.30/sh+1,250$25,375→ 8,492.14 total
Award
Employee Stock Option
2004-01-02$20.30/sh+2,000$40,600→ 61,181 total
Exercise: $20.30From: 2004-01-02Exp: 2014-01-02→ Common Stock (2,000 underlying)

Holdings

Employee Stock Option
Exercise: $8.68From: 1995-06-21Exp: 2005-06-21→ Common Stock (6,050 underlying)
34,486
Common Stock
1,210
Employee Stock Option
Exercise: $8.68From: 1995-06-21Exp: 2005-06-21→ Common Stock (3,025 underlying)
3,025
Employee Stock Option
Exercise: $8.68From: 1995-07-19Exp: 2005-07-19→ Common Stock (7,865 underlying)
10,890
Employee Stock Option
Exercise: $8.99From: 1996-02-21Exp: 2006-02-21→ Common Stock (1,513 underlying)
12,403
Employee Stock Option
Exercise: $16.01From: 1997-12-31Exp: 2007-12-31→ Common Stock (14,520 underlying)
28,436
Employee Stock Option
Exercise: $8.68From: 1995-07-19Exp: 2005-07-19→ Common Stock (23,595 underlying)
58,081
Employee Stock Option
Exercise: $12.40From: 1997-05-21Exp: 2007-05-27→ Common Stock (1,513 underlying)
13,916
Common Stock
(indirect: Custodian for minor)
864.921
Employee Stock Option
Exercise: $14.54From: 2002-01-02Exp: 2012-01-02→ Common Stock (1,100 underlying)
59,181

Footnotes (3)

[F1]The reporting person received the restricted stock grant which vests pursuant to the vesting schedule found in the 2001 restricted stock plan.
[F2]The reporting person received 132.178 shares of common stock as a result of participation in the Bancorp's plan for reinvestment of dividends.
[F3]The reporting person received 19.88 shares of common stock as a result of participation in the Bancorp's plan for reinvestment of dividends.

Documents

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