X0303 4 2009-09-29 0000705200 PAB BANKSHARES INC PABK 0001179815 FULLER R WESLEY 3250 NORTH VALDOSTA ROAD VALDOSTA GA 31602 1 Executive VP Operations Common Stock 1087.464 D Common Stock 38384.9923 D Common Stock 11936.843 I by IRA Common Stock 117.8184 I By Son Common Stock 117.8184 I By Son 2 Common Stock 2522.0617 I ESPP Non-qualified Stock Option (Right to Buy) 2.00 2009-09-29 4 A 0 5800 0 A 2011-09-29 2014-09-29 Common Stock 5800 5800 D Incentive Stock Option (Right to Buy) 3.00 2009-09-29 4 A 0 23100 0 A 2011-09-29 2014-09-29 Common Stock 23100 23100 D Common Stock Warrants (right to buy) 3.75 2009-09-09 2016-09-09 Common Stock 8000 8000 D Incentive Stock Option (Right to Buy) 10.5882 2011-10-08 Common Stock 3060 3060 D Incentive Stock Option (Right to Buy) 7.549 2012-08-02 Common Stock 8568 8568 D Incentive Stock Option (Right to Buy) 13.8529 2015-03-29 Common Stock 7140 7140 D Incentive Stock Option (Right to Buy) 20.9314 2016-12-19 Common Stock 6120 6120 D Incentive Stock Option (Right to Buy) 13.4608 2017-12-18 Common Stock 7650 7650 D 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 reporting person disclaims beneficial ownership of all securities held by child, and the report should not be deemed as an admission that the reporting person is the beneficial owner of such securities for purpose of Section 16 or any other purpose. Shares purchased with 50% company match funds. Stock Option (right to buy) granted pursuant to PAB Bankshares, Inc. 1999 Stock Option Plan. It is the intent of the company that any option award granted under the plan satisfy and be interpreted in a manner that satisfies the applicable requirements of Rule 16b-3, so that any person subject to Section 16 of the Securities Act of 1933 will be entitled to the benefits of Rule 16b-3 or other exemptive rules under Section 16 of the Act and will be subjected to liability thereunder. Options and awards granted under this plan to persons subject to Section 16, are approved by the full board of Directors of PAB Bankshares, Inc., in compliance with the exemption aternatives of Rule 16b-3, as amended August 15, 1996. The option becomes available in five equal installments, commencing one year after the date of grant. /s/ R. Wesley Fuller 2009-10-01