SEC Form 4 · accession 0001313219-15-000001
PALMETTO BANCSHARES INC · PLMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John D Hopkins Jr.
Director
Period of report
Jan 1, 2015
Accepted (ET)
Jan 5, 2015 · 4:34 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000706874
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $0.01 par valueF1 | Jan 1, 2015 | A | 598 | $0.00 | A | 50,488 | D | |
| Common Stock, $0.01 par value | holding | — | — | — | 2,500 | I | Custodian for children & Joint ownership with Wife |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F11,779 shares represent restricted stock grants for which vesting conditions have not yet been met. Mr. Hopkins 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.