X0202 5 2006-12-31 0 0 0 0001178409 TIDELANDS BANCSHARES INC TDBK 0001278622 CAGLE JOHN N III 1420 THOMPSON AVENUE SULLIVANS ISLAND SC 29482 1 0 0 0 Common Stock Option 14.88 2006-11-20 2006-11-20 5 A 0 L 2500 14.88 A 2006-11-20 2016-11-20 Common Stock Option 2500 10250 D On November 20, 2006, the Board of Directors of the Company granted 2,500 stock options to Director Cagle. 1,250 stock options vest immediately and 1,250 stock options vest on November 20, 2007. At the end of the fiscal year, Director Cagle had 6,250 stock options granted 7/12/04, 1,500 granted 12/19/05, and 2,500 granted 11/20/06 for a total of 10,250 unexercised stock options . /s/John N. Cagle, III by Robert E. Coffee, Jr. as POA 2007-02-01