LOUISIANA BANCORP INC 4
4 · LOUISIANA BANCORP INC · Filed Sep 16, 2015
Insider Transaction Report
Form 4
CALLIA C. HOLLY
Sr. Vice President
Transactions
- Disposition to Issuer
Stock Option
2015-09-15$24.25/sh−8,000$194,000→ 0 totalExercise: $16.56Exp: 2022-12-17→ Common Stock (8,000 underlying) - Disposition to Issuer
Stock Option
2015-09-15$24.25/sh−2,000$48,500→ 0 totalExercise: $14.41Exp: 2020-12-14→ Common Stock (2,000 underlying) - Disposition to Issuer
Common Stock
2015-09-15$24.25/sh−39,600$960,300→ 0 total - Disposition to Issuer
Common Stock
2015-09-15$24.25/sh−4,800.968$116,423→ 0 total(indirect: By 401(k)) - Disposition to Issuer
Stock Option
2015-09-15$24.25/sh−4,000$97,000→ 0 totalExercise: $21.98Exp: 2025-01-05→ Common Stock (4,000 underlying) - Disposition to Issuer
Stock Option
2015-09-15$24.25/sh−4,000$97,000→ 0 totalExercise: $18.19Exp: 2023-12-16→ Common Stock (4,000 underlying) - Disposition to Issuer
Common Stock
2015-09-15$24.25/sh−13,815.063$335,015→ 0 total(indirect: By Employee Stock Ownership Plan) - Disposition to Issuer
Stock Option
2015-09-15$24.25/sh−3,400$82,450→ 0 totalExercise: $13.50Exp: 2019-08-25→ Common Stock (3,400 underlying)
Footnotes (6)
- [F1]Reported amount includes 7,400 shares awarded under the 2007 Recognition and Retention Plan that vested on the legal date of the merger pursuant to terms of the merger agreement.
- [F2]Disposed of pursuant to merger between issuer and Home Bancorp, Inc. Pursuant to the merger agreement, each share of Louisiana Bancorp, Inc. common stock was converted into cash in the amount of $24.25.
- [F3]The reported shares represent the number of shares allocated to the reporting person's account as of December 31, 2014.
- [F4]The reported securities represent the number of shares held in the Issuer's 401(k) Plan, based on a report dated September 15, 2015. These shares represent 5,213.0768 ownership units.
- [F5]Reported securities were awarded under the Company's 2007 Recognition and Retention Plan. Such securities vested ratably over five years beginning on the first anniversary date of the award. Pursuant to terms of the merger agreement with Home Bancorp, Inc., vesting of all options accelerated and were exercisable as of the merger date.
- [F6]Disposed of pursuant to merger agreement between issuer and Home Bancorp, Inc. Pursuant to the merger agreement, each stock option was cancelled in exchange for a cash payment equal to the excess of $24.25 over the exercise price of such option.