LEBON BRIAN G SR 4
4 · LOUISIANA BANCORP INC · Filed Nov 3, 2011
Insider Transaction Report
Form 4
LEBON BRIAN G SR
Director
Transactions
- Purchase
Common Stock
2011-11-02$16.00/sh+727$11,632→ 12,143 total(indirect: By Trust)
Holdings
- 40,212
Common Stock
- 31,728
Stock Option (Right ot Buy)
Exercise: $11.52Exp: 2018-02-14→ Common Stock (31,728 underlying)
Footnotes (3)
- [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 purposes.
- [F2]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 February 14, 2012.
- [F3]The options vest in five equal installments beginning on the first anniversary date of the grant, February 14, 2009.