SIMON RONALD I 4
4 · INDEPENDENCE HOLDING CO · Filed Feb 16, 2022
Insider Transaction Report
Form 4
SIMON RONALD I
Director
Transactions
- Disposition to Issuer
Common Stock, $1.00 par value per share
2022-02-15$57.00/sh−35,400$2,017,800→ 0 total(indirect: By Trust) - Disposition to Issuer
Common Stock, $1.00 par value per share
2022-02-15$57.00/sh−4,950$282,150→ 0 total - Disposition to Issuer
Common Stock, $1.00 par value per share
2022-02-15$57.00/sh−2,000$114,000→ 0 total(indirect: By Spouse) - Disposition to Issuer
Common Stock, $1.00 par value per share
2022-02-15$57.00/sh−8,000$456,000→ 0 total
Footnotes (3)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger, by and among Independence Holding Company, Geneve Holdings, Inc. and Geneve Acquisition Corp. dated November 9, 2021 (the "Merger Agreement"), on the effective date of the merger.
- [F2]The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purpoes of Section 16 or for any other purpose.
- [F3]On the effective date of the merger, each outstanding restricted stock unit (RSU), whether vested or not then vested, was cancelled, extinguished and converted into the right to receive the $57.00 merger consideration pursuant to the Merger Agreement.