PALMETTO BANCSHARES INC 4
4 · PALMETTO BANCSHARES INC · Filed May 23, 2011
Insider Transaction Report
Form 4
PALMETTO BANCSHARES INCPLMT.PK
ERWIN SAMUEL L
DirectorPres (Ho Co) Pres & CEO (Bank)
Transactions
- Award
Common Stock, $0.01 par value per share
2011-05-19+192,310→ 270,617 total - Award
Stock Options (Rights to Buy)
2011-05-19+769,230→ 769,230 totalExercise: $2.60Exp: 2021-05-19→ Common Stock, $0.01 par value per share (769,230 underlying)
Footnotes (2)
- [F1]Includes 500 shares held for each dependent child as custodian
- [F2]256,410 options vest equally 05/19/2014, 05/19/2015, and 05/19/2016 contingent on vesting conditions