4//SEC Filing
LUBERT IRA M 4
Accession 0001521774-11-000004
CIK 0000706874other
Filed
Jun 5, 8:00 PM ET
Accepted
Jun 6, 12:51 PM ET
Size
5.9 KB
Accession
0001521774-11-000004
Insider Transaction Report
Form 4
LUBERT IRA M
10% Owner
Transactions
- Purchase
Common Stock, par value $0.01
2011-02-02$2.60/sh+728,052$1,892,935→ 9,674,429 total(indirect: See footnotes)
Footnotes (2)
- [F1]On February 2, 2011, Patriot Financial Partners, LP ("Patriot") and Patriot Financial Partners Parallel, LP ("Patriot Parallel), each agreed to purchase an additional shares of common stock, par value $0.01 per share (the "Common Stock") of Palmetto Bancshares, Inc. (the "Issuer"). Patriot agreed to purchase 620,808 shares of Common Stock for an aggregate purchase price of $1,614,101 and Patriot Parallel agreed to purchase 107,244 shares of Common Stock for an aggregate purchase price of $278,834.
- [F2]Mr. Lubert is a managing partner of Patriot Financial Partners GP, LLC, which is the general partner of Patriot Financial Partners, GP, L.P., which in turn is the general partner of each of Patriot and Patriot Parallel and as such may be deemed to be the indirect beneficial owner of such shares under Rule 16a-1(a)(2) promulgated under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Pursuant to Rule 16a-1(a)(4) promulgated under the Exchange Act, Mr. Lubert disclaims that he is the beneficial owner of such shares, except to the extent of his pecuniary interest.
Documents
Issuer
PALMETTO BANCSHARES INC
CIK 0000706874
Entity typeother
Related Parties
1- filerCIK 0001203115
Filing Metadata
- Form type
- 4
- Filed
- Jun 5, 8:00 PM ET
- Accepted
- Jun 6, 12:51 PM ET
- Size
- 5.9 KB