PRICE MICHAEL SCOTT 4
4 · IBERIABANK CORP · Filed Jul 2, 2020
Insider Transaction Report
Form 4
IBERIABANK CORPIBKC
PRICE MICHAEL SCOTT
CHIEF ACCTG OFFICER,CONTROLLER
Transactions
- Disposition to Issuer
Common Stock
2020-07-01$43.08/sh−2,407.965$103,735→ 5,169 total - Exercise/Conversion
Common Stock
2020-07-01+2,407.965→ 7,577 total - Other
Common Stock
2020-07-01−5,169→ 0 total - Tax Payment
Common Stock
2020-07-01$43.08/sh−1,155$49,757→ 5,169 total - Exercise/Conversion
Phantom Stock
2020-07-01−2,407.965→ 0 totalFrom: 2020-07-01Exp: 2020-07-01→ Common Stock (2,407.965 underlying)
Footnotes (5)
- [F1]TAX WITHHOLDING OF SHARES ASSOCIATED WITH THE ACCELERATED VESTING OF PRIOR RESTRICTED STOCK AWARDS.
- [F2]SETTLEMENT OF PHANTOM STOCK.
- [F3]EACH SHARE OF PHANTOM STOCK IS THE ECONOMIC EQUIVALENT OF ONE SHARE OF IBKC COMMON STOCK.
- [F4]DISPOSED OF PURSUANT TO THE AGREEMENT AND PLAN OF MERGER, DATED AS OF NOVEMBER 3, 2019, BY AND BETWEEN FIRST HORIZON NATIONAL CORPORATION ("FIRST HORIZON") AND IBERIABANK CORPORATION ("IBKC"). IBKC MERGED WITH AND INTO FIRST HORIZON, WITH FIRST HORIZON CONTINUING AS THE SURVIVING ENTITY (THE "MERGER"). AT THE EFFECTIVE TIME OF THE MERGER ON JULY 1, 2020, EACH OUTSTANDING SHARE OF IBKC COMMON STOCK WAS CONVERTED INTO THE RIGHT TO RECEIVE 4.584 SHARES OF FIRST HORIZON COMMON STOCK AND CASH IN LIEU OF FRACTIONAL SHARES.
- [F5]PAYMENT OF CASH IN SETTLEMENT OF PHANTOM STOCK.