Home/Filings/4/A/0001127602-09-020423
4/A//SEC Filing

PAB BANKSHARES INC 4/A

Accession 0001127602-09-020423

CIK 0000705200operating

Filed

Oct 5, 8:00 PM ET

Accepted

Oct 6, 8:44 AM ET

Size

21.7 KB

Accession

0001127602-09-020423

Insider Transaction Report

Form 4/AAmended
Period: 2009-09-29
TORBERT DONALD J JR
Executive Vice President/CFO
Transactions
  • Award

    Non-qualified Stock Option (Right to Buy)

    2009-09-29+11,60011,600 total
    Exercise: $2.00From: 2011-09-29Exp: 2014-09-29Common Stock (11,600 underlying)
  • Award

    Incentive Stock Option (Right to Buy)

    2009-09-29+34,60034,600 total
    Exercise: $3.00From: 2011-09-29Exp: 2014-09-29Common Stock (34,600 underlying)
Holdings
  • Common Stock

    (indirect: By Children)
    541
  • Common Stock

    (indirect: By IRA)
    2,123
  • Incentive Stock Option (Right to Buy)

    Exercise: $9.19Exp: 2011-01-01Common Stock (1,530 underlying)
    1,530
  • Incentive Stock Option (Right to Buy)

    Exercise: $10.39Exp: 2011-09-26Common Stock (10,548 underlying)
    10,548
  • Incentive Stock Option (Right to Buy)

    Exercise: $13.85Exp: 2015-03-29Common Stock (7,140 underlying)
    7,140
  • Incentive Stock Option (Right to Buy)

    Exercise: $13.46Exp: 2017-12-18Common Stock (7,650 underlying)
    7,650
  • Common Stock

    4,199.034
  • Common Stock

    (indirect: By Children)
    1,021
  • Common Stock

    (indirect: By Children)
    541
  • Common Stock

    (indirect: ESPP)
    1,781.463
  • Common Stock Warrants (right to buy)

    Exercise: $3.75From: 2009-09-09Exp: 2016-09-09Common Stock (800 underlying)
    800
  • Incentive Stock Option (Right to Buy)

    Exercise: $7.55Exp: 2012-08-02Common Stock (5,304 underlying)
    5,304
  • Incentive Stock Option (Right to Buy)

    Exercise: $20.93Exp: 2016-12-19Common Stock (6,120 underlying)
    6,120
Footnotes (5)
  • [F1]This is a non-qualified grant with a two year cliff vesting period and a five year expiration from the date of grant.
  • [F2]These securities were purchased for Mr. Torbert's minor children's education savings accounts.
  • [F3]Shares purchased with 50% company match funds.
  • [F4]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.
  • [F5]The option becomes available in five equal installments, commencing one year after the date of grant.

Issuer

PAB BANKSHARES INC

CIK 0000705200

Entity typeoperating
IncorporatedGA

Related Parties

1
  • filerCIK 0000705200

Filing Metadata

Form type
4/A
Filed
Oct 5, 8:00 PM ET
Accepted
Oct 6, 8:44 AM ET
Size
21.7 KB