-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, T3ePYFQ/cffOkZ6ofKMYkC/rMoqBIiUox8s+is+ZbecPw3ASqDEtKn8fihRH6Y1b ifaP4kXxIWqfEzl7uWrdXg== 0001340381-07-000015.txt : 20070302 0001340381-07-000015.hdr.sgml : 20070302 20070302183345 ACCESSION NUMBER: 0001340381-07-000015 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20070301 FILED AS OF DATE: 20070302 DATE AS OF CHANGE: 20070302 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: HUGHES NATHANIEL F CENTRAL INDEX KEY: 0001217555 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-30497 FILM NUMBER: 07669214 BUSINESS ADDRESS: STREET 1: 108 CRANDALL AVE. CITY: LOOKOUT MOUNTAIN STATE: TN ZIP: 37350 MAIL ADDRESS: STREET 1: 108 CRANDALL AVE CITY: LOOKOUT MOUNTAIN STATE: TN ZIP: 37350 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: CORNERSTONE BANCSHARES INC CENTRAL INDEX KEY: 0001038773 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 621175427 STATE OF INCORPORATION: TN FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 4154 RINGGOLD RD CITY: CHATTANOOGA STATE: TN ZIP: 37412-416 BUSINESS PHONE: 4236982454 MAIL ADDRESS: STREET 1: 4154 RINGGOLD RD CITY: CHATTANOOGA STATE: TN ZIP: 37412-0416 FORMER COMPANY: FORMER CONFORMED NAME: EAST RIDGE BANCSHARES INC DATE OF NAME CHANGE: 19970507 4 1 primary_doc.xml PRIMARY DOCUMENT X0202 4 2007-03-01 0 0001038773 CORNERSTONE BANCSHARES INC CSBQ 0001217555 HUGHES NATHANIEL F 108 CRANDALL AVE LOOKOUT MOUNTAIN TN 37350 1 1 0 0 President & COO Common Stock 90000 D Common Stock 3000 I Custodian for minor children Stock Options 4.52 2007-03-01 2015-03-01 Cornerstone Bancshares, Inc. 150400 150400 D Stock Options 13.25 2007-03-01 2016-03-01 Cornerstone Bancshares, Inc. 13000 13000 D Stock Options 15.24 2007-03-01 4 A 0 6500 0 A 2009-03-01 2017-03-01 Cornerstone Bancshares, Inc. 6500 6500 D On December 18, 2006 the common stock of Cornerstone Bancshares, Inc. split 2-for-1, resulting in the reporting person's ownership of 45,000 additional shares of common stock. On December 18, 2006 the common stock of Cornerstone Bancshares, Inc. split 2-for-1, resulting in the reporting person's ownership of 1,500 additional shares of common stock. This options was previously reported as covering 75,200 shares at an exercise price of $9.04 per share, but was adjusted to reflect the stock split that occured on December 18, 2006. The exercise date is determined by a vesting schedule: 30% the second year from grant date, 30% the third year from grant date, 40% the fourth year from grant date. This option was previously reported as covering 6,500 shares at an exercise price of $26.50 per share, but was adjusted to reflect the stock split that occured on December 18, 2006. Nathaniel F. Hughes 2007-03-02 -----END PRIVACY-ENHANCED MESSAGE-----