0001065407-12-000455.txt : 20121102
0001065407-12-000455.hdr.sgml : 20121102
20121102111010
ACCESSION NUMBER: 0001065407-12-000455
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20121031
FILED AS OF DATE: 20121102
DATE AS OF CHANGE: 20121102
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: PALMETTO BANCSHARES INC
CENTRAL INDEX KEY: 0000706874
STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022]
IRS NUMBER: 742235055
STATE OF INCORPORATION: SC
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 306 EAST NORTH STREET
CITY: GREENVILLE
STATE: SC
ZIP: 29601
BUSINESS PHONE: 864-250-6050
MAIL ADDRESS:
STREET 1: 306 EAST NORTH STREET
CITY: GREENVILLE
STATE: SC
ZIP: 29601
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: LYNCH JAMES J
CENTRAL INDEX KEY: 0001222379
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35282
FILM NUMBER: 121175565
MAIL ADDRESS:
STREET 1: PATRIOT FINANCIAL PARTNERS, LP
STREET 2: 2929 ARCH STREET, 27TH FLOOR
CITY: PHILADELPHIA
STATE: PA
ZIP: 19104
4
1
edgar.xml
PRIMARY DOCUMENT
X0306
4
2012-10-31
0000706874
PALMETTO BANCSHARES INC
PLMT
0001222379
LYNCH JAMES J
CIRA CENTER
2929 ARCH STREET
PHILADELPHIA
PA
19104
1
0
1
0
Common Stock
1212
D
Common Stock
3169
D
Common Stock
2012-10-31
4
P
0
9610
8.10
A
2448218
I
By Patriot Financial Partners, GP, L.P. (3)
Represents the grant of restricted stock, which vests 20% a year over 5 years.
Represents the issuance of common stock as a retainer for service as a director.
(3) Patriot Financial Partners, GP, L.P. ("Patriot GP") is the sole general partner of each of Patriot Financial Partners, L.P. and Patriot Financial Partners Parallel, L.P. (together, the "Funds"). Accordingly, securities owned by the Funds may be regarded as being beneficially owned by Patriot GP. Patriot Financial Partners GP, LLC ("Patriot LLC") is the general partner of Patriot GP. Accordingly, securities owned or deemed to be owned by Patriot GP may be regarded as being beneficially owned by Patriot LLC. Mr. Lynch is a general partner of Patriot GP and a member of Patriot LLC.The Funds own 2,448,218 shares of common stock. In addition, Mr. Lynch owns directly 1,212 shares of restricted common stock granted to Mr. Lynch by the Issuer and 3,169 shares of common stock issued to Mr. Lynch by the Issuer as a retainer for service as a director. Mr. Lynch, the Funds and the related entities disclaim beneficially ownership of the reported securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that they are a beneficial owner of such securities for the purposes of Section 16.
/s/James J. Lynch
2012-11-02