FULLER R WESLEY 4
4 · PAB BANKSHARES INC · Filed Jun 8, 2005
Insider Transaction Report
Form 4
FULLER R WESLEY
Executive VP Operations
Transactions
- Purchase
Common Stock
2005-06-07$15.10/sh+100$1,510→ 1,000 total(indirect: Direct Joint)
Holdings
- 2,000
Common Stock
- 7,000
Incentive Stock Option (right to buy)
Exercise: $14.13Exp: 2015-03-29→ Common Stock (7,000 underlying) - 100(indirect: by Son)
Common Stock
- 3,000
Incentive Stock Option (right to buy)
Exercise: $10.80Exp: 2011-10-08→ Common Stock (3,000 underlying) - 4,250(indirect: By IRA)
Common Stock
- 11,000
Incentive Stock Option (right to buy)
Exercise: $7.70Exp: 2012-08-02→ Common Stock (11,000 underlying) - 1,078.634(indirect: ESPP)
Common Stock
Footnotes (4)
- [F1]Shares purchased with 50% company match funds.
- [F2]The reporting person disclaims beneficial ownership of all securities held by child, 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.