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SMARTFINANCIAL INC. Director's Dealing 2009

Mar 3, 2009

32627_dirs_2009-03-03_11549c9f-3ce1-4dd4-a342-aaae0b84f8dd.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORNERSTONE BANCSHARES INC (CSBQ)
CIK: 0001038773
Period of Report: 2009-03-01

Reporting Person: Welborn Wesley Miller (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2009-03-01 Stock Options $3.6 A 2050 Acquired 2019-03-01 Cornerstone Bancshares, Inc. (2050) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 15000 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Options $13.25 2016-03-01 Cornerstone Bancshares, Inc. (4000) 4000 Direct
Stock Options $15.25 2017-03-01 Cornerstone Bancshares, Inc. (1000) 5000 Direct
Stock Options $7.99 2018-03-01 Cornerstone Bancshares, Inc. (1600) 6600 Direct

Footnotes

F1: The exercise date is determined by the following vesting schedule: 50% after the 1st anniversary date and 100% after the 2nd anniversary date.