GUARISCO MICHAEL E 4
4 · LOUISIANA BANCORP INC · Filed Dec 8, 2009
Insider Transaction Report
Form 4
GUARISCO MICHAEL E
Director
Transactions
- Purchase
Common Stock
2009-12-07$14.35/sh+543$7,792→ 10,819 total(indirect: By Trust)
Holdings
- 30,263
Common Stock
- 31,728
Stock Option (Right to Buy)
Exercise: $11.52Exp: 2018-02-14→ Common Stock (31,728 underlying)
Footnotes (4)
- [F1]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 or for any other purpose.
- [F2]Includes 10,152 unvested shares held in trust by the 2007 Recognition and Retention Plan that vest at a rate of 2,538 shares per year. The next vesting date will occur on February 14, 2010.
- [F3]Includes 17,572 shares held jointly with the reporting person's spouse.
- [F4]The options vest in five equal annual installments beginning on the first anniversary date of the grant, February 14, 2009.