X0202 4 2006-01-17 0 0000715072 RENASANT CORP RNST 0001196348 GRAY JAMES W 0 1 0 0 Sr. Executive Vice President Common Stock 2006-01-17 4 A 0 3000 A 3000 D Employee Stock Option (Right to buy) 32.90 2006-01-17 4 A 0 5000 32.90 D Common Stock 32.90 26000 D The conversion or exercise price is one for one. Equal installments of 33 1/3 of the option shares granted will be available for exercise upon completion of one, two, and three years service measured from January 1, 2007, respectively. The options expire ten 10 years from the grant date. This is a 3 year performance based restricted stock grant with 1/3 available each of the next 3 years if certain performance criteria is met. Not applicable, award of restricted stock. James W. Gray 2006-01-17