4//SEC Filing
PAB BANKSHARES INC 4
Accession 0001127602-10-000561
CIK 0000705200operating
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 4:47 PM ET
Size
26.4 KB
Accession
0001127602-10-000561
Insider Transaction Report
Form 4
SCRUGGS F FERRELL SR
Director
Transactions
- Award
Non-qualified Stock Option (Right to Buy)
2010-01-04+2,000→ 2,000 totalExercise: $2.12From: 2011-01-04Exp: 2020-01-04→ Common Stock (2,000 underlying)
Holdings
- 10,200
Non-qualified Stock Option (Right to Buy)
Exercise: $15.93Exp: 2009-10-18→ Common Stock (10,200 underlying) - 2,000
Non-qualified Stock Option (Right to Buy)
Exercise: $4.90Exp: 2019-01-02→ Common Stock (2,000 underlying) - 2,611.858(indirect: ESPP)
Common Stock
- 1,118.356(indirect: By IRA)
Common Stock
- 8,000
Common Stock Warrants (right to buy)
Exercise: $3.75From: 2009-09-09Exp: 2016-09-09→ Common Stock (8,000 underlying) - 2,040
Non-qualified Stock Option (Right to Buy)
Exercise: $13.05Exp: 2010-01-01→ Common Stock (2,040 underlying) - 77,543
Common Stock
- 16,440(indirect: By Spouse)
Common Stock
- 14,619(indirect: By Trust)
Common Stock
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 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.
- [F4]The reporting person disclaims beneficial ownership of securities purusant to Rule 16a-1(a)(4). This report shall not be deemed an admission that the reporting person is, for purposes of Section 16 or otherwise, the beneficial owner of such securities.
- [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 exercisable effective date of grant.
- [F8]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
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 4:47 PM ET
- Size
- 26.4 KB