GLENN MICHAEL D 4
4 · PALMETTO BANCSHARES INC · Filed May 20, 2013
Insider Transaction Report
Form 4
GLENN MICHAEL D
Director
Transactions
- Award
Common Stock, $0.01 par value
2013-05-16+28→ 13,616 total
Footnotes (1)
- [F1]970 shares represent restricted stock grants for which vesting conditions have not yet been met. Mr. Glenn has the right to receive dividends, if any, with respect to these shares, to vote such shares and to enjoy all other shareholder rights, except that the Company retains custody of the stock certificate and the recipient may not sell, transfer, pledge or otherwise dispose of the restricted stock until the forfeiture restrictions have expired.