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4//SEC Filing

PAB BANKSHARES INC 4

Accession 0001179813-07-000005

CIK 0000705200operating

Filed

Dec 19, 7:00 PM ET

Accepted

Dec 20, 12:41 PM ET

Size

23.9 KB

Accession

0001179813-07-000005

Insider Transaction Report

Form 4
Period: 2007-12-18
WELSH M BURKE
DirectorPresident/CEO
Transactions
  • Small Acquisition

    Common Stock

    2007-11-13$15.48/sh+13.903$2151,498.42 total(indirect: ESPP)
  • Small Acquisition

    Common Stock

    2007-01-25$22.04/sh+8.213$1811,301.409 total(indirect: ESPP)
  • Small Acquisition

    Common Stock

    2007-03-15$18.68/sh+160.569$3,0001,461.978 total(indirect: ESPP)
  • Small Acquisition

    Common Stock

    2007-08-21$18.62/sh+11.472$2141,484.517 total(indirect: ESPP)
  • Small Acquisition

    Common Stock

    2007-05-18$19.16/sh+11.066$2121,473.044 total(indirect: ESPP)
  • Award

    Incentive Stock Option (right to buy)

    2007-12-18+9,5009,500 total
    Exercise: $13.73Exp: 2017-12-18Common Stock (9,500 underlying)
Holdings
  • Incentive Stock Option (right to buy)

    Exercise: $7.70Exp: 2012-08-02Common Stock (6,800 underlying)
    6,800
  • Incentive Stock Option (right to buy)

    Exercise: $10.60Exp: 2011-09-26Common Stock (17,045 underlying)
    17,045
  • Incentive Stock Option (right to buy)

    Exercise: $10.71Exp: 2011-06-01Common Stock (3,000 underlying)
    3,000
  • Common Stock

    9,834.011
  • Common Stock

    (indirect: Direct Joint)
    985.343
  • Incentive Stock Option (right to buy)

    Exercise: $14.13Exp: 2015-03-29Common Stock (10,000 underlying)
    10,000
Footnotes (4)
  • [F1]Shares purchased with 50% company match funds.
  • [F2]The option becomes available in five equal installments, commencing one year after the date of grant.
  • [F3]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.
  • [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.

Issuer

PAB BANKSHARES INC

CIK 0000705200

Entity typeoperating
IncorporatedGA

Related Parties

1
  • filerCIK 0000705200

Filing Metadata

Form type
4
Filed
Dec 19, 7:00 PM ET
Accepted
Dec 20, 12:41 PM ET
Size
23.9 KB