4//SEC Filing
PAB BANKSHARES INC 4
Accession 0001127602-09-018711
CIK 0000705200operating
Filed
Sep 10, 8:00 PM ET
Accepted
Sep 11, 6:04 PM ET
Size
30.3 KB
Accession
0001127602-09-018711
Insider Transaction Report
Form 4
LANIER JAMES B JR
Director
Transactions
- Purchase
Common Stock Warrants (right to buy)
2009-09-09+4,000→ 4,000 total(indirect: by SEP)Exercise: $3.75From: 2009-09-09Exp: 2009-09-16→ Common Stock (4,000 underlying) - Small Acquisition
Common Stock
2009-02-17$3.90/sh+768.738$3,000→ 2,782.939 total(indirect: Espp) - Purchase
Series A Convertible Preferred Stock
2009-09-09$1000.00/sh+50$50,000→ 50 total(indirect: by SEP)Exercise: $3.00→ Common Stock (16,666 underlying) - Small Acquisition
Common Stock
2009-01-28$3.61/sh+54.026$195→ 2,014.201 total(indirect: Espp) - Conversion
Common Stock
2009-09-09$3.00/sh+16,666$49,998→ 16,666 total(indirect: by SEP) - Conversion
Series A Convertible Preferred Stock
2009-09-09−50→ 0 total(indirect: by SEP)Exercise: $3.00→ Common Stock (16,666 underlying)
Holdings
- 16,111.63
Common Stock
- 2,040
Non-qualified Stock Option (Right to Buy)
Exercise: $15.93Exp: 2009-10-18→ Common Stock (2,040 underlying) - 2,000
Non-qualified Stock Option (Right to Buy)
Exercise: $4.90Exp: 2019-01-02→ Common Stock (2,000 underlying)
Footnotes (5)
- [F1]Shares purchased with 50% company match funds.
- [F2]The series A and series B convertible preferred stock is immediately convertible at any time at a conversion price of $3.00 and has no expiration date. All of the shares were converted to common stock on 9/9/09.
- [F3]Stock Option (right to buy) granted pursuant to PAB Bankshares, Inc. 1999 Stock Option Plan. It is the intent of the company that any option award granted under the plan satisfy and be interpreted in a manner that satisfies the applicable requirements of Rule 16b-3, so that any person subject to Section 16 of the Securities Act of 1933 will be entitled to the benefits of Rule 16b-3 or other exemptive rules under Section 16 of the Act and will be subjected to liability thereunder. Options and awards granted under this plan to persons subject to Section 16, are approved by the full board of Directors of PAB Bankshares, Inc., in compliance with the exemption aternatives of Rule 16b-3, as amended August 15, 1996.
- [F4]The option becomes exercisable effective date of grant.
- [F5]The option becomes available in five equal installments, commencing one year after the date of grant.
Documents
Issuer
PAB BANKSHARES INC
CIK 0000705200
Entity typeoperating
IncorporatedGA
Related Parties
1- filerCIK 0000705200
Filing Metadata
- Form type
- 4
- Filed
- Sep 10, 8:00 PM ET
- Accepted
- Sep 11, 6:04 PM ET
- Size
- 30.3 KB