DAVIS WILLIAM FRED JR 4

4 · PALMETTO BANCSHARES INC · Filed Feb 17, 2009

Form 4

Period: 2007-01-22

Director

Transactions

Sale
Common Stock, $5 Par Value
[F1]
2007-01-22$38.00/sh−2,000$76,000→ 38,346 total
Sale
Common Stock, $5 Par Value
[F2]
2007-07-16$41.00/sh−1,000$41,000→ 37,346 total
Sale
Common Stock, $5 Par Value
[F3]
2007-11-01$41.00/sh−1,629$66,789→ 35,717 total
Purchase
Common Stock, $5 Par Value
[F4]
2007-12-03$41.00/sh+200$8,200→ 2,994 total(indirect: By Spouse)

Footnotes (4)

[F1]Includes 5,708 owned directly by Mr. Davis, 17,429 shares owned directly by Mr. Davis and his wife, and 15,209 shares owned directly by Mr. Davis in his Delaware Charter account. Does not include indirect beneficial ownership shares.
[F2]Includes 4,708 owned directly by Mr. Davis, 17,429 shares owned directly by Mr. Davis and his wife, and 15,209 shares owned directly by Mr. Davis in his Delaware Charter account. Does not include indirect beneficial ownership shares.
[F3]Includes 4,708 owned directly by Mr. Davis, 15,800 shares owned directly by Mr. Davis and his wife, and 15,209 shares owned directly by Mr. Davis in his Delaware Charter account. Does not include indirect beneficial ownership shares.
[F4]Includes 2,934 shares owned by Mr. Davis' wife in her Delaware Charter account and 60 additional shares owned by Mr. Davis' wife.

Signature

Lauren S Greer, with POA, Accounting and Finance Manager, The Palmetto Bank, a wholly owned subsidiary of Palmetto Bancshares, Inc.|2009-02-17

Documents

1 file