GUARISCO MICHAEL E 4
4 · LOUISIANA BANCORP INC · Filed Feb 13, 2009
Insider Transaction Report
Form 4
GUARISCO MICHAEL E
Director
Transactions
- Disposition to Issuer
Common Stock
2009-02-13$12.50/sh−25,000$312,500→ 0 total(indirect: By LLC)
Holdings
- 30,263
Common Stock
- 9,516(indirect: By Trust)
Common Stock
- 31,728
Stock Option (Right to Buy)
Exercise: $11.52Exp: 2018-02-14→ Common Stock (31,728 underlying)
Footnotes (5)
- [F1]The reported shares are owned directly by Ambassador Capital, LLC, a limited liability company of which the reporting person is a managing partner. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- [F2]Includes 12,691 shares granted pursuant to the 2007 Recognition and Retention Plan that vest at a rate of 20% per year commencing on February 14, 2009.
- [F3]Includes 17,572 shares held jointly with the reporting person's spouse.
- [F4]The shares are held in a rabbi trust and are deemed to be phantom stock with the economic equivalent of one share of stock. Each share of phantom stock is payable in one share of common stock at the election of the reporting person upon the reporting person's termination of service as a director. The reporting person disclaims beneficial ownership of these securities and this report shall not be deemed an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 of for any other purpose.
- [F5]The options vest in five equal annual installments beginning on the first anniversary date of the grant, February 14, 2009.