The mini toolbar (released in PDF Studio 10) is a small toolbar that is displayed when an Annotation, Link, or Form Field is selected. This toolbar allows you to easily access the properties or delete the selected object without needing to use the right click context menu or keyboard. The toolbar can be enabled or disabled in the Toolbar Preferences.
The Mini Toolbar has two buttons
Properties: Opens the properties for the selected annotation, link, or form field (Note: The mini toolbar will only be displayed on form fields when in Form Editing Mode)
Delete: Deletes the selected annotation, link, or form field