Earnings Feed
Start Free
Home/Filings/4/0001127602-10-000473
4//SEC Filing

PAB BANKSHARES INC 4

Accession 0001127602-10-000473

CIK 0000705200operating
View on SEC.govCompany Profile

Filed

Jan 4, 7:00 PM ET

Accepted

Jan 5, 3:40 PM ET

Size

26.6 KB

Accession

0001127602-10-000473

Insider Transaction Report

Form 4
Period: 2010-01-04
PAB BANKSHARES INCPABK
MCLEOD KENNITH D
Director
Transactions
  • Award

    Non-qualified Stock Option (Right to Buy)

    2010-01-04+2,000→ 2,000 total
    Exercise: $2.12From: 2011-01-04Exp: 2020-01-04→ Common Stock (2,000 underlying)
Holdings

  • Non-qualified Stock Option (Right to Buy)

    Exercise: $15.24Exp: 2014-01-01→ Common Stock (816 underlying)
    816

  • Series A Convertible Preferred Stock

    (indirect: By IRA)
    Exercise: $3.00→ Common Stock (0 underlying)
    0

  • Common Stock

    27,878

  • Common Stock Warrants (right to buy)

    (indirect: By IRA)
    Exercise: $3.75From: 2009-09-09Exp: 2016-09-09→ Common Stock (16,000 underlying)
    16,000

  • Common Stock Warrants (right to buy)

    Exercise: $3.75From: 2009-09-09Exp: 2016-09-09→ Common Stock (4,000 underlying)
    4,000

  • Non-qualified Stock Option (Right to Buy)

    Exercise: $10.01Exp: 2012-01-01→ Common Stock (0 underlying)
    0

  • Non-qualified Stock Option (Right to Buy)

    Exercise: $4.90Exp: 2019-01-02→ Common Stock (2,000 underlying)
    2,000

  • Common Stock

    (indirect: By IRA)
    126,234

  • Series A Convertible Preferred Stock

    Exercise: $3.00→ Common Stock (0 underlying)
    0

  • Common Stock

    (indirect: By Spouse)
    17,054

  • Common Stock

    (indirect: By Spouse)
    16,728

  • Common Stock

    (indirect: ESPP)
    2,394.25

  • Non-qualified Stock Option (Right to Buy)

    Exercise: $12.85Exp: 2015-01-01→ Common Stock (2,040 underlying)
    2,040
Footnotes (8)
  • [F1]Stock Option (right to buy) granted pursuant to PAB Bankshares, Inc. 1999 Stock Option Plan. It is the inent 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 exception alternatives of Rule 16b-3, as amended August 15, 1996.
  • [F2]The option becomes available in five equal installments, commencing one year after the date of grant.
  • [F3]The reporting person disclaims beneficial ownership held by spouse's IRA, and the report should not be deemed as an admission that the reporting person is the beneficial owner of such securities for purpose of Section 16 or any other purpose.
  • [F4]The reporting person disclaims beneficial ownership of all securities held by spouse, and the report should not be deemed as an admission that the reporting person is the beneficial owner of such securities for purpose of Section 16 or any other purpose.
  • [F5]Shares purchased with 50% company match funds.
  • [F6]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.
  • [F7]The option becomes available in five equal installments, commencing one year after the date of grant.
  • [F8]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.

Documents

1 file

Issuer

PAB BANKSHARES INC

CIK 0000705200

→
Entity typeoperating
IncorporatedGA

Related Parties

1
  • filerCIK 0000705200

Filing Metadata

Form type
4
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 3:40 PM ET
Size
26.6 KB
View on SEC.gov