0001281010-14-000001.txt : 20140220 0001281010-14-000001.hdr.sgml : 20140220 20140220202529 ACCESSION NUMBER: 0001281010-14-000001 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20140220 FILED AS OF DATE: 20140220 DATE AS OF CHANGE: 20140220 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: JONES ROY D CENTRAL INDEX KEY: 0001281010 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35282 FILM NUMBER: 14631408 MAIL ADDRESS: STREET 1: 306 EAST NORTH STREET CITY: GREENVILLE STATE: SC ZIP: 29601 4 1 primary_doc.xml PRIMARY DOCUMENT X0306 4 2014-02-20 0 0000706874 PALMETTO BANCSHARES INC PLMT 0001281010 JONES ROY D 306 EAST NORTH STREET GREENVILLE SC 29601 0 1 0 0 CFO Common Stock, $0.01 par value 2014-02-20 4 A 0 2000 0 A 5700 D Stock Options (Rights to Buy) 12.96 2014-02-20 4 A 0 4000 0 A 2024-02-20 Common Stock, $0.01 par value per share 4000 15250 D 4,975 shares represent restricted stock grants for which vesting conditions have not yet been met. Mr. Jones has the right to receive dividends, if any, with respect to these shares, to vote such shares and to enjoy all other shareholder rights, except that the Company retains custody of the stock certificate and the recipient may not sell, transfer, pledge or otherwise dispose of the restricted stock until the forfeiture restrictions have expired. 1/3 shares vest on 2/20/2015, 2/20/2016 and 2/20/2017 contingent on vesting conditions being met. Mr. Jones was previously granted 45,000 options as reported on 6/20/2011. Subsequent to that award, on June 28, 2011, Palmetto Bancshares, Inc. completed a one-for-four reverse stock split of its common stock. This ownership total has been adjusted for the reverse split. Lauren S Greer, with POA, Director of Accounting and Finance, The Palmetto Bank, a wholly owned subsidiary of Palmetto Bancshares, Inc. 2014-02-20