X0303 4 2009-09-29 0000705200 PAB BANKSHARES INC PABK 0001461721 Stokes Nicole S 3250 NORTH VALDOSTA ROAD VALDOSTA GA 31602 1 SVP/CFO Common Stock 2009-04-15 5 L 0 E 12.5483 3.9846 A 107.0299 D Common Stock 2009-04-28 5 L 0 E 99.2364 3.9814 A 930.7471 I ESPP Common Stock 2009-05-15 5 L 0 E 12.8205 3.90 A 119.8504 D Common Stock 2009-06-15 5 L 0 E 13.6612 3.66 A 133.5116 D Common Stock 2009-06-18 5 L 0 E 98.1927 4.2372 A 1028.9398 I ESPP Common Stock 2009-06-18 5 L 0 E 108.2673 3.6493 A 1137.2071 I ESPP Common Stock 2009-07-30 5 L 0 E 144.4659 2.7349 A 1281.673 I ESPP Common Stock 2009-08-11 5 L 0 E 114.6879 3.445 A 1396.3609 I ESPP Non-qualified Stock Option (Right to Buy) 2.00 2009-09-29 4 A 0 3600 0 A 2011-09-29 2014-09-29 Common Stock 3600 3600 D Incentive Stock Option (Right to Buy) 3.00 2009-09-29 4 A 0 14100 0 A 2011-09-29 2014-09-29 Common Stock 14100 14100 D Incentive Stock Option (Right to Buy) 17.5098 2015-12-05 Common Stock 1529 1529 D Incentive Stock Option (Right to Buy) 20.9314 2016-12-19 Common Stock 2040 2040 D Incentive Stock Option (Right to Buy) 13.4608 2017-12-18 Common Stock 2550 2550 D Shares purchased with 50% company match funds. This is a non-qualified grant with a two year cliff vesting period and a five year expiration from the date of grant. This is an incentive stock option with a two year cliff vesting period and will expire five years from the grant date. The option becomes available in five equal installments, commencing one year after the date of grant. Nicole S. Stokes 2009-10-01