UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 30, 2009
Palmetto Bancshares, Inc.
(Exact name of registrant as specified in its charter)
| South Carolina | 0-26016 | 74-2235055 | ||
State or other jurisdiction of incorporation | Commission File Number | IRS Employer I.D. number |
| 306 East North Street, Greenville, South Carolina | 29601 | |
| Address of principal executive offices | Zip Code |
800.725.2265
Registrant’s telephone number
N/A
(Former Name or Former Address, if Changed Since Last Report
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
SECTION 8 – OTHER EVENTS
Item 8.01 Other Events
Greenville, South Carolina – On June 26, 2009, the Company launched a Private Trading System on its website (www.palmettobank.com). The Private Trading System is a mechanism created to assist buyers and sellers facilitate trades in the Company’s common stock. On June 30, 2009, the Company mailed a letter and related materials to shareholders regarding the Private Trading System and has elected to furnish this information as an exhibit to this Current Report on Form 8-K.
SECTION 9 – FINANCIAL STATEMENTS AND EXHIBITS
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
Item | Exhibit | |
| 99.1 | Letter to Shareholders dated June 30, 2009 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| PALMETTO BANCSHARES, INC. |
| By: |
/s/ L. Leon Patterson |
| L. Leon Patterson |
| Chairman and Chief Executive Officer |
Date: July 2, 2009
INDEX TO EXHIBITS
Item | Exhibit | |
| 99.1 | Letter to Shareholders dated June 30, 2009 |