LOUISIANA BANCORP INC 4
4 · LOUISIANA BANCORP INC · Filed Sep 16, 2015
Insider Transaction Report
Form 4
LEBON LAWRENCE J III
DirectorPresident and CEO
Transactions
- Disposition to Issuer
Common Stock
2015-09-15$24.25/sh−50,939.964$1,235,294→ 0 total(indirect: By 401(k)) - Disposition to Issuer
Stock Option
2015-09-15$24.25/sh−115,241$2,794,594→ 0 totalExercise: $11.52Exp: 2018-02-17→ Common Stock (115,241 underlying) - Disposition to Issuer
Common Stock
2015-09-15$24.25/sh−86,427$2,095,855→ 0 total - Disposition to Issuer
Common Stock
2015-09-15$24.25/sh−10,000$242,500→ 0 total(indirect: By Trust) - Disposition to Issuer
Common Stock
2015-09-15$24.25/sh−18,932.195$459,106→ 0 total(indirect: By Employee Stock Ownership Plan)
Footnotes (5)
- [F1]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.
- [F2]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 55,312.5856 ownership units.
- [F3]The reported shares represent the number of shares allocated to the reporting person's account as of December 31, 2014.
- [F4]The reported stock options vested in five equal installments beginning on the first anniversary date of the grant, February 14, 2009.
- [F5]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.