4//SEC Filing
ERWIN SAMUEL L 4
Accession 0001313319-12-000003
CIK 0000706874other
Filed
Nov 1, 8:00 PM ET
Accepted
Nov 2, 2:58 PM ET
Size
7.5 KB
Accession
0001313319-12-000003
Insider Transaction Report
Form 4
ERWIN SAMUEL L
DirectorPres (Ho Co) Pres & CEO (Bank)
Transactions
- Purchase
Common Stock, $0.01 par value
2012-11-02$8.15/sh+500$4,075→ 67,905 total
Holdings
- 250(indirect: By Children)
Common Stock, $0.01 par value
- 192,308
Stock Options
Exercise: $10.40Exp: 2021-05-19→ Common Stock, $0.01 par value (192,308 underlying)
Footnotes (3)
- [F1]On June 28, 2011, Palmetto Bancshares, Inc. completed a one-for-four reverse stock split of its common stock. This ownership total has been adjusted for the reverse split.
- [F2]50,578 shares represent restricted stock grants for which vesting conditions have only been met for 1,500 shares. Mr. Erwin 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.
- [F3]1/3 shares vest on 5/19/2014, 05/19/2015 and 5/19/2016 contingent on vesting conditions being met
Documents
Issuer
PALMETTO BANCSHARES INC
CIK 0000706874
Entity typeother
Related Parties
1- filerCIK 0001313319
Filing Metadata
- Form type
- 4
- Filed
- Nov 1, 8:00 PM ET
- Accepted
- Nov 2, 2:58 PM ET
- Size
- 7.5 KB