Home > Insider Trading > Filing (0001140361-12-027351)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1051871	Citizens South Banking Corp	CSBC	Savings Institution, Federally Chartered (6035)	542069979

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1249994	Stuart Kim Price	519 South New Hope Road Gastonia NC 28054	President And Ceo	Yes	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2012-05-23	3,000	$6.06	17,153	No	4	P	Indirect	By his IRA

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	By his IRA

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	134,436	Direct
Common Stock	11,548	Indirect	By his 401(k) Plan
Commn Stock	24,366	Indirect	By his ESOP
Common Stock	1,249	Indirect	Wife as cust for their son
Common Stock	1,348	Indirect	By wife's IRA
Common Stock	2,813	Indirect	Wife joint with her mother
Common Stock	3,133	Indirect	Wife as a Co-Trustee of a Family Trust

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Stock Option (Right to Buy)	$7.62		2018-06-16	36,750	36,750	Direct
Common Stock	Stock Option (Right to Buy)	$14.32	2003-11-03	2013-11-03	105,000	105,000	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2018-06-16	36,750	36,750	Direct
2013-11-03	105,000	105,000	Direct

Footnotes

Reflects adjustment for stock split distributed on November 15, 2010.
Includes 108,872 Restricted Stock Awards, composed of 6,825 Restricted Stock Awards granted on February 18, 2011, that will cliff vest on February 18, 2013, and 84,722 Restricted Stock Awards granted on April 19, 1999, November 3, 2003, April 15, 2009, and February 19, 2010,
that have fully vested, and includes 17,325 Restricted Stock Awards that will vest over a five-year period, commencing on June 16, 2008, the date of the award, at the rate of 10% on each of June 16, 2009, June 16, 2010, and June 16, 2011, and 35% on each of June 16, 2012, and June 16, 2013. Accordingly, 89,919 shares from these Awards have vested and 18,953 shares have not vested.
This incentive stock option vests in five equal annual installments, with the first installment vesting one year from the date of grant, or on June 16, 2009, and continuing each anniversary thereafter through June 16, 2013.
This incentive stock option has vested. Accordingly, 127,050 incentive stock options have vested and 14,700 incentive stock options have not vested.