0001140361-11-034626.txt : 20110629 0001140361-11-034626.hdr.sgml : 20110629 20110629174752 ACCESSION NUMBER: 0001140361-11-034626 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110629 FILED AS OF DATE: 20110629 DATE AS OF CHANGE: 20110629 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BOYD DANIEL MARCUS IV CENTRAL INDEX KEY: 0001250003 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-23971 FILM NUMBER: 11940054 MAIL ADDRESS: STREET 1: 245 W MAIN AVE CITY: GASTONIA STATE: NC ZIP: 28053 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: CITIZENS SOUTH BANKING CORP CENTRAL INDEX KEY: 0001051871 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 542069979 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 519 SOUTH NEW HOPE ROAD CITY: GASTONIA STATE: NC ZIP: 28054-4040 BUSINESS PHONE: 7048685200 MAIL ADDRESS: STREET 1: 519 SOUTH NEW HOPE ROAD CITY: GASTONIA STATE: NC ZIP: 28054-4040 FORMER COMPANY: FORMER CONFORMED NAME: GASTON FEDERAL BANCORP INC DATE OF NAME CHANGE: 19971222 4 1 doc1.xml FORM 4 X0303 4 2011-06-29 0 0001051871 CITIZENS SOUTH BANKING CORP CSBC 0001250003 BOYD DANIEL MARCUS IV 519 SOUTH NEW HOPE ROAD GASTONIA NC 28054 0 1 0 0 EVP and COO of subsidiary Bank Common Stock 2011-06-29 4 F 0 578 4.14 D 15697 D Common Stock 7658 I By his 401(k) Plan Common Stock 8685 I By his ESOP Stock Option (Right to Buy) 4.762 2019-03-16 Common Stock 211 211 D Stock Option (Right to Buy) 7.619 2018-06-16 Common Stock 21000 21000 D Stock Option (Right to Buy) 14.324 2003-11-03 2013-11-03 Common Stock 21000 21000 D Reflects shares withheld to pay tax obligations on vesting of restricted stock. Reflects adjustment for stock split distributed on November 15, 2010. Includes the remaining shares from a total of 29,925 Restricted Stock Awards, composed of the remaining 11,025 unvested shares from 15,750 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 June 16, 2009, 10% on June 16, 2010, 10% on June 16, 2011, 35% on June 16, 2012, and 35% on June 16, 2013; and the remaining 3,675 unvested shares from 3,675 Recognition and Retention Plan awards that will cliff vest on January 22, 2012, five years after the date of the award; and includes 10,500 Recognition and Retention Plan shares awarded on November 3, 2003, that fully vested on November 3, 2010. Accordingly, 15,225 shares have vested and 14,700 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 the award, or on March 16, 2010, and continuing each anniversary thereafter through March 16, 2014. This incentive stock option vests in five equal annual installments, with the first installment vesting one year from the date of the award, or on June 16, 2009, and continuing each anniversary thereafter through June 16, 2013. This incentive stock option has vested. Accordingly, 33,684 incentive stock options have vested and 8,527 incentive stock options have not vested. /s/ Daniel Marcus Boyd, IV 2011-06-29