PALMETTO BANCSHARES INC 4
4 · PALMETTO BANCSHARES INC · Filed Dec 12, 2013
Insider Transaction Report
Form 4
Dixon Lee S
DirectorCOO & CRO
Transactions
- Purchase
Common Stock, $0.01 par value
2013-12-12$12.00/sh+325$3,900→ 53,379 total
Holdings
- 100(indirect: By Children)
Common Stock, $0.01 par value
Footnotes (1)
- [F1]31,877 shares represent restricted stock grants for which vesting conditions have not yet been met. Mr. Dixon 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.