X0303 4 2011-05-19 0 0000706874 PALMETTO BANCSHARES INC PLMT.PK 0001486277 Dixon Lee S 306 EAST NORTH STREET GREENVILLE SC 29601 0 1 0 0 COO & CRO Common Stock, $0.01 par value per share 2011-05-19 4 A 0 120190 0 A 266847 D Stock Options (Rights to Buy) 2.6 2011-05-19 4 A 0 480770 0 A 2021-05-19 Common Stock, $0.01 par value per share 480770 480770 D Includes 200 shares held for each dependent child as custodian 160,257 options vest 05/19/2014, 160,257 vest 05/19/2015, and 160,256 vest 05/19/2016 contingent on vesting conditions Lauren S. Greer, with POA, Director Accounting of Finance, The Palmetto Bank, a wholly owned subidiary of Palmetto Bancshares, Inc. 2011-05-23