Filing Details

Accession Number:
0001436678-11-000001
Form Type:
5
Zero Holdings:
No
Publication Time:
2011-02-15 15:16:18
Reporting Period:
2010-12-31
Filing Date:
2011-02-15
Accepted Time:
2011-02-15 15:16:18
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
706874 Palmetto Bancshares Inc N/A State Commercial Banks (6022) 742235055
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1436678 S Jane Sosebee C/O Palmetto Bancshares, Inc.
301 Hillcrest Drive
Laurens SC 29360
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, $5 Par Value Acquisiton 2007-06-12 1,500 $40.00 1,500 No 4 P Indirect Husband's IRA
Common Stock, $5 Par Value Acquisiton 2008-12-30 990 $42.00 1,090 No 4 P Direct
Common Stock $5 Par Value Acquisiton 2010-10-07 384 $2.60 1,474 No 5 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect Husband's IRA
No 4 P Direct
No 5 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock, $5 Par Value Stock Options, Rights to Buy Acquisiton 2006-10-17 5,000 $0.00 5,000 $27.30
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
5,000 2015-12-31 No 4 A Direct
Footnotes
  1. Stock options vest 1/5 annually at calendar year end beginning with year of grant.
  2. Strike price is $27.30
  3. 990 of which are owned in Trust