Smedsrud Jeffrey C 4
4 · INDEPENDENCE HOLDING CO · Filed Mar 19, 2013
Insider Transaction Report
Form 4
Smedsrud Jeffrey C
SVP & Chief Mktg & Strat Offic
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2013-03-19−27,500→ 38,500 totalExercise: $9.99Exp: 2013-03-19→ Common Stock (27,500 underlying) - Award
Employee Stock Option (right to buy)
2013-03-19+27,500→ 66,000 totalExercise: $9.99Exp: 2018-03-19→ Common Stock (27,500 underlying)
Footnotes (2)
- [F1]The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option originally expired on March 19, 2013 and provided for vesting in 3 equal annual installments commencing on March 19, 2009. The new option expires on March 19, 2018 and provides for vesting in 2 equal annual installments commencing on March 19, 2014.
- [F2]Adjusted for the 10% stock dividend paid on February 17, 2012.