HERBERT TERESA A 4
4 · INDEPENDENCE HOLDING CO · Filed Jan 3, 2019
Insider Transaction Report
Form 4
HERBERT TERESA A
SVP and CFO
Transactions
- Tax Payment
Common Stock
2019-01-03$35.38/sh−14,647$518,211→ 83,784 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2019-01-03−23,300→ 0 totalExercise: $9.09Exp: 2019-01-04→ Common Stock (23,300 underlying) - Exercise/Conversion
Common Stock
2019-01-03$9.09/sh+23,300$211,797→ 98,431 total
Footnotes (2)
- [F1]Represents a "net exercise" of stock option. The reporting person received 8,653 shares of common stock on net exercise option to purchase 23,300 shares of common stock. The Company withheld 14,647 shares of common stock underlying the option for payment of the exercise price and appliable taxes, based on the closing stock price prior to excerise of $35.38.
- [F2]Fully vested as of the date hereof.