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