X0202 4 2005-12-27 0 0001079385 CORNERSTONE BANCORP INC cbn 0001245009 MAIDA JOSEPH A 83 DON BOB RD STAMFORD CT 06903 1 0 0 0 Common Stock 110 I By IRA FBO himself Common Stock 6340 D Common Stock 179 I By self as custodian for minor Common Stock 358 I By self as custodian for minor Common Stock 399 I By self as custodian for minor Common Stock 839 I By self as custodian for minor Common Stock 1335 I By self as custodian for minor Director Stock Option (right to buy) 8.99 2005-12-27 2005-12-27 4 D 0 3025 27.7 D 1996-02-21 2006-02-21 Common Stock 3025 0 D Director Stock Option (right to buy) 12.4 2005-12-27 2005-12-27 4 D 0 303 24.29 D 1997-05-21 2007-05-21 Common Stock 303 0 D Director Stock option (right to buy) 17.25 2005-12-27 2005-12-27 4 D 0 303 19.44 D 1998-05-20 2008-05-20 Common Stock 303 0 D Director stock option (right to buy) 13.64 2005-12-27 2005-12-27 4 D 0 275 23.05 D 1999-05-19 2009-05-19 Common Stock 275 0 D Director Stock Option (right to buy) 10.91 2005-12-27 2005-12-27 4 D 0 275 25.78 D 2000-05-17 2010-05-17 Common stock 275 0 D Director Stock Option (right to buy) 12.82 2005-12-27 2005-12-27 4 D 0 275 23.87 D 2001-05-16 2011-05-16 Common stock 275 0 D Director Stock Option (right to buy) 17.82 2005-12-27 2005-12-27 4 D 0 275 18.87 D 2002-05-15 2012-05-15 Common Stock 275 0 D Director stock option (right to buy) 18 2005-12-27 2005-12-27 4 D 0 250 18.69 D 2003-05-21 2013-05-21 Common Stock 250 0 D Director stock option (right to buy) 25.46 2005-12-27 2005-12-27 4 D 0 250 11.23 D 2004-05-26 2014-05-26 Common Stock 250 0 D In 2005, 41.366 shares of common stock were issued as a result of participation in the Cornerstone Bancorp, Inc. plan for the reinvestment of dividends. Approximately 0.739 fractional shares of common stock were converted to cash as a result of the termination of the Cornerstone Bancorp, Inc. dividend reinvestment plan in May 2005. In 2005, 1.168 shares of common stock were issued as a result of participation in the Cornerstone Bancorp, Inc. plan for the reinvestment of dividends. Approximately 0.059 fractional shares of common stock were converted to cash as a result of the termination of the Cornerstone Bancorp, Inc. dividend reinvestment plan in May 2005. In 2005, 2.336 shares of common stock were issued as a result of participation in the Cornerswtone Bancorp, Inc. plan for the reinvestment of dividends. Approximately 0.111 fractional shares of common stock were converted to cash as a result of the termination of the Cornerswtone Bancorp, Inc. dividend reinvestment plan in May 2005. In 2005, 2.607 shares of common stock were issued as result of participation in the Cornerstone Bancorp, Inc. plan for the reinvestment of dividends. Approximately 0.565 fractional shares of common stock were converted to cash as a result of the termination of the Cornerstone Bancorp, Inc. dividend reinvestment plan in May 2005. In 2005, 7.279 shares of common stock were issued as a result of participation in the Cornerstone Bancorp, Inc. plan for the reinvestment of dividends. Approximately 0.801 shares of common stock were converted to cash as a result of termination of the Cornerstone Bancorp, Inc. dividend reinvestment plan in May 2005. In accordance with the provisions of the Issuer's 1996 Stock Plan, in anticipation of the Issuer's merger with NewAlliance Bancshares, Inc. on January 2, 2006, the Compensation Committee of the Board of Directors of the Issuer on December 27, 2005 approved the purchase of all outstanding options by the Issuer at a price per share equal to the difference between the option exercise price and $36.69, the price of the Issuer's common stock at the close of business on December 23, 2005, the prior business day. Leigh A. Hardisty as power of attorney 2005-12-29