4//SEC Filing
PAB BANKSHARES INC 4
Accession 0001179810-09-000002
CIK 0000705200operating
Filed
Jan 5, 7:00 PM ET
Accepted
Jan 6, 2:28 PM ET
Size
21.4 KB
Accession
0001179810-09-000002
Insider Transaction Report
Form 4
BURNETTE R BRADFORD
Director
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2009-01-02+2,000→ 2,000 totalExercise: $4.90Exp: 2019-01-02→ Common Stock (2,000 underlying)
Holdings
- 2,213.801(indirect: by Granddaughter)
Common Stock
- 5,878(indirect: By Spouse)
Common Stock
- 2,040
Non-Qualified Stock Option (right to buy)
Exercise: $12.14Exp: 2018-01-02→ Common Stock (2,040 underlying) - 6,120
Incentive Stock Option (right to buy)
Exercise: $9.19Exp: 2011-01-01→ Common Stock (6,120 underlying) - 88,626
Common Stock
- 4,643(indirect: By IRA)
Common Stock
- 3,060
Incentive Stock Option (right to buy)
Exercise: $17.46Exp: 2009-02-08→ Common Stock (3,060 underlying)
Footnotes (8)
- [F1]The reporting person disclaims beneficial ownership of all securities held by grandchild, 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.
- [F2]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.
- [F3]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.
- [F4]The option becomes available in five equal installments, commencing one year after the date of grant.
- [F5]The option becomes exercisable effective date of grant.
- [F6]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.
- [F7]This option becomes exercisable over a four year period of 1 share year one, 1 share year two, 5297 shares year three, and 701 shares in year four.
- [F8]The option becomes excercisable over a four year period of 20% year one, 20% year two, 20% year three and 40% year four. Vesting began on grant date of 2/08/99.
Documents
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, 2:28 PM ET
- Size
- 21.4 KB