KETTIG DAVID T 4
4 · INDEPENDENCE HOLDING CO · Filed Sep 26, 2017
Insider Transaction Report
Form 4
KETTIG DAVID T
SVP and COO
Transactions
- Exercise/Conversion
Stock Option (Right to buy)
2017-09-25−38,800→ 0 totalExercise: $9.09Exp: 2019-01-04→ Common Stock (38,800 underlying) - Tax Payment
Common Stock
2017-09-25$25.10/sh−26,129$655,838→ 104,556 total - Exercise/Conversion
Common Stock
2017-09-25$9.09/sh+38,800$352,692→ 130,685 total
Footnotes (2)
- [F1]Represents a "net exercise" of a stock option. The reporting person received 12,671 shares of common stock on net exercise of option to purchase 38,800 shares of common stock. The Company withheld 26,129 shares of common stock underlying the option for payment of the exercise price and applicable taxes, based on the closing stock price on September 25, 2017 of $25.10.
- [F2]The stock option has fully vested as of the date hereof.