EAGAN MAURICE F JR 4
4 · LOUISIANA BANCORP INC · Filed Aug 5, 2011
Insider Transaction Report
Form 4
EAGAN MAURICE F JR
Director
Transactions
- Sale
Common Stock
2011-08-05$15.75/sh−6,349$99,997→ 5,451 total(indirect: By reporting person as UTMA custodian for son)
Holdings
- 11,905(indirect: By Trust)
Common Stock
- 12,691
Common Stock
- 25,000(indirect: By Eagan Insurance Agency, Inc.)
Common Stock
- 5,962(indirect: By Spouse)
Common Stock
- 31,728
Stock Option (right to buy)
Exercise: $11.52Exp: 2018-02-14→ Common Stock (31,728 underlying)
Footnotes (4)
- [F1]Includes 5,076 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, 2012.
- [F2]The reporting person is President and part owner of the corporation that owns the reported securities. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- [F3]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 benefical owner of these securities for the purposes of Section 16 or for any other purpose.
- [F4]The options vest in five equal installments beginning on the first anniversary date of the grant, February 14, 2009.