PAB BANKSHARES INC 4
4 · PAB BANKSHARES INC · Filed Dec 20, 2007
Insider Transaction Report
Form 4
TORBERT DONALD J JR
Executive Vice President/CFO
Transactions
- Small Acquisition
Common Stock
2007-08-21$18.62/sh+11.154$208→ 1,443.255 total(indirect: ESPP) - Award
Incentive Stock Option (right to buy)
2007-12-18+7,500→ 7,500 totalExercise: $13.73Exp: 2017-12-18→ Common Stock (7,500 underlying) - Small Acquisition
Common Stock
2007-11-13$15.48/sh+13.516$209→ 1,456.771 total(indirect: ESPP)
Holdings
- 5,200
Incentive Stock Option (right to buy)
Exercise: $7.70Exp: 2012-08-02→ Common Stock (5,200 underlying) - 822.047
Common Stock
- 10,341
Incentive Stock Option (right to buy)
Exercise: $10.60Exp: 2011-09-26→ Common Stock (10,341 underlying) - 7,000
Incentive Stock Option (right to buy)
Exercise: $14.13Exp: 2015-03-29→ Common Stock (7,000 underlying) - 2,003(indirect: By IRA)
Common Stock
- 1,500
Incentive Stock Option (right to buy)
Exercise: $9.38Exp: 2011-01-01→ Common Stock (1,500 underlying) - 6,000
Incentive Stock Option (right to buy)
Exercise: $21.35Exp: 2016-12-19→ Common Stock (6,000 underlying)
Footnotes (3)
- [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]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.