4//SEC Filing
RICKETSON MICHAEL E 4
Accession 0001179804-03-000011
CIK 0000705200other
Filed
Aug 6, 8:00 PM ET
Accepted
Aug 7, 9:04 AM ET
Size
17.3 KB
Accession
0001179804-03-000011
Insider Transaction Report
Form 4
RICKETSON MICHAEL E
Director
Transactions
- Exercise of In-Money
Common Stock
2003-08-05$7.70/sh+4,600$35,420→ 12,591 total - Exercise of In-Money
Incentive Stock Option (right to buy)
2003-08-05$7.70/sh−4,600$35,420→ 18,400 totalExercise: $7.70From: 2003-08-02Exp: 2012-08-02→ Common Stock (4,600 underlying) - Small Acquisition
Common Stock
2003-07-16$13.44/sh+1.401$19→ 628.883 total(indirect: ESPP) - Small Acquisition
Common Stock
2003-06-13$13.13/sh+45.686$600→ 627.482 total(indirect: ESPP)
Holdings
- 2,000
Incentive Stock Option (right to buy)
Exercise: $13.94From: 2001-01-28Exp: 2010-01-28→ Common Stock (2,000 underlying) - 16,364
Incentive Stock Option (right to buy)
Exercise: $10.60From: 2002-09-26Exp: 2011-09-26→ Common Stock (16,364 underlying) - 2,000(indirect: Direct Joint)
Common Stock
- 18,700(indirect: By IRA)
Common Stock
- 4,200
Incentive Stock Option (right to buy)
Exercise: $9.38From: 2002-01-01Exp: 2011-01-01→ Common Stock (4,200 underlying)
Footnotes (5)
- [F1]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.
- [F2]Shares purchased with 50% company match funds.
- [F3]These shares are held in jointly with reporting person's spouse as to which shares reporting person possesses shared voting and investment power.
- [F4]The option becomes available in five equal installments, commencing one year after the date of grant.
- [F5]Employee stock option (right to buy) granted pursuant to PAB Bankshares, Inc. 1994 Employee Stock Option Plan. It is the intent of the Company that any option or 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 not be subjected to liability thereunder. Options and awards granted under this plan, prior to August 15, 1996, to persons subject to Section 16, were granted in compliance with the exemption requirements of Rule 16b-3, as it existed in effect from May 1, 1991 until August 15, 1996, to persons subject to Section 16, are approved by the full board of Directors of PAB Bankshares, Inc., in compliance with the exemption alternatives of Rule 16b-3, as amended August 15, 1996.
Documents
Issuer
PAB BANKSHARES INC
CIK 0000705200
Entity typeother
Related Parties
1- filerCIK 0001179804
Filing Metadata
- Form type
- 4
- Filed
- Aug 6, 8:00 PM ET
- Accepted
- Aug 7, 9:04 AM ET
- Size
- 17.3 KB