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4//SEC Filing

PAB BANKSHARES INC 4

Accession 0001179807-09-000002

CIK 0000705200operating

Filed

Jan 5, 7:00 PM ET

Accepted

Jan 6, 3:30 PM ET

Size

17.5 KB

Accession

0001179807-09-000002

Insider Transaction Report

Form 4
Period: 2009-01-02
Transactions
  • Award

    Non-Qualified Stock Option (right to buy)

    2009-01-02+2,0002,000 total
    Exercise: $4.90Exp: 2019-01-02Common Stock (2,000 underlying)
  • Small Acquisition

    Common Stock

    2008-08-14$8.86/sh+17.153$1521,648.671 total(indirect: ESPP)
Holdings
  • Common Stock

    (indirect: By IRA)
    59,568
  • Common Stock

    (indirect: By Spouse)
    17,054
  • Non-Qualified Stock Option (right to buy)

    Exercise: $12.14Exp: 2018-01-02Common Stock (2,040 underlying)
    2,040
  • Non-Qualified Stock Option (right to buy)

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

    11,212
  • Common Stock

    (indirect: By Spouse)
    16,728
Footnotes (5)
  • [F1]Shares purchased with 50% company match funds.
  • [F2]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.
  • [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]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
Filed
Jan 5, 7:00 PM ET
Accepted
Jan 6, 3:30 PM ET
Size
17.5 KB