4//SEC Filing
PAB BANKSHARES INC 4
Accession 0001179808-08-000008
CIK 0000705200operating
Filed
Jun 18, 8:00 PM ET
Accepted
Jun 19, 4:28 PM ET
Size
29.3 KB
Accession
0001179808-08-000008
Insider Transaction Report
Form 4
DEWAR JAMES L JR
Director10% Owner
Transactions
- Purchase
Common Stock
2008-06-17$10.00/sh+2,000$20,000→ 1,605,803.928 total(indirect: By Partnership) - Other
Common Stock
2008-01-31−331,803→ 20,028.855 total - Other
Common Stock
2008-02-04−8,957.226→ 11,071.629 total - Purchase
Common Stock
2008-06-18$9.75/sh+2,000$19,500→ 1,607,803.928 total(indirect: By Partnership)
Holdings
- 10,000
Non-Qualified Stock Option (right to buy)
Exercise: $16.25Exp: 2009-10-18→ Common Stock (10,000 underlying) - 6,358(indirect: By Spouse)
Common Stock
- 2,000
Non-Qualified Stock Option (right to buy)
Exercise: $8.10Exp: 2013-01-01→ Common Stock (2,000 underlying) - 500(indirect: By Spouse)
Common Stock
Footnotes (7)
- [F1]This transaction represents a transfer from direct ownership to indirect ownership through a family partnership.
- [F2]Includes 1,607,803.9277 shares owned by the Dewar Family, L.P., a family trust. Mr. Dewar, Jr. is a general partner of the Dewar Family, L.P. and possesses shared investment power as to all of the shares owned by the limited partnership, the sole power to vote 810,870.1861 of the shares and shared power to vote 796,933.7416 shares owned by the limited partnership.
- [F3]The reporting person disclaims beneficial ownership of all securities held by spouse and stepchildren. 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]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.
- [F6]The option becomes available in five equal installments, commencing one year after the date of grant.
- [F7]The option becomes exercisable effective date of grant.
Documents
Issuer
PAB BANKSHARES INC
CIK 0000705200
Entity typeoperating
IncorporatedGA
Related Parties
1- filerCIK 0000705200
Filing Metadata
- Form type
- 4
- Filed
- Jun 18, 8:00 PM ET
- Accepted
- Jun 19, 4:28 PM ET
- Size
- 29.3 KB