ERWIN SAMUEL L 4
4 · PALMETTO BANCSHARES INC · Filed Feb 7, 2013
Insider Transaction Report
Form 4
ERWIN SAMUEL L
DirectorPres (Ho Co) Pres & CEO (Bank)
Transactions
- Purchase
Common Stock, $0.01 par value
2013-02-06$9.14/sh+1,095$10,008→ 69,000 total
Holdings
- 250(indirect: By Children)
Common Stock, $0.01 par value
Footnotes (1)
- [F1]49,078 shares represent restricted stock grants for which vesting conditions have not yet been met. 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.