X0201 4 2003-11-03 0 0001051871 CITIZENS SOUTH BANKING CORP CSBC 0001249994 PRICE KIM STUART 3808 EMERALD LANE GASTONIA NC 28056 1 1 0 0 President, CEO & Director Common Stock 2003-11-03 4 A 0 42500 0 A 90433 D Common Stock 2808 I By IRA Common Stock 692 I By 401(k) Common Stock 11563 I By ESOP Common Stock 1190 I wf cust for son Common Stock 1284 I By wife's IRA Common Stock 2386 I wf jnt w/ mother Common Stock 6 I By partnership Stock Options 15.04 2003-11-03 4 A 0 100000 0 A 2003-11-03 2013-11-03 Common Stock 100000 100000 D Stock Option 5.605 1999-04-19 2009-04-19 Common Stock 45002 45002 D Reload Stock Option 15.06 2003-10-31 2009-04-19 Common Stock 9305 154307 D Recognition and Retention awards will vest over a ten-year period, commencing on the date of the award, at a rate of 30% immediately, 10% on January 2, 2004, 10% on November 3, 2005, and 10% per year on November 3 of each year thereafter. Vesting is over a five-year period, commencing on the initial date of employment with Citizens South Bank. This Employee Incentive Stock Option vested in five (5) equal annual installments beginning April 19, 1999. /s/ Kim S. Price 2003-11-03