LEBON BRIAN G SR 4
4 · LOUISIANA BANCORP INC · Filed May 24, 2012
Insider Transaction Report
Form 4
LEBON BRIAN G SR
Director
Transactions
- Purchase
Common Stock
2012-05-23$16.30/sh+480$7,824→ 12,623 total(indirect: By Trust)
Holdings
- 31,728
Stock Option (Right to Buy)
Exercise: $11.52Exp: 2018-02-14→ Common Stock (31,728 underlying) - 53,212
Common Stock
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 2,538 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, 2013.
- [F3]The options vest in five equal installments beginning on the first anniversary date of the grant, February 14, 2009.