Hill Craig D 4
4 · FBL FINANCIAL GROUP INC · Filed May 26, 2021
Insider Transaction Report
Form 4
Hill Craig D
Director
Transactions
- Disposition to Issuer
Restricted Stock Units (Cash Settled)
2021-05-25−1,341→ 0 totalExp: 2026-02-01→ Class A Common Stock (1,341 underlying) - Disposition to Issuer
Restricted Stock Units (Cash Settled)
2021-05-25−1,118→ 0 totalExp: 2025-02-01→ Class A Common Stock (1,118 underlying) - Disposition to Issuer
Restricted Stock Units (Cash Settled)
2021-05-25−210→ 0 totalExp: 2022-02-01→ Class A Common Stock (210 underlying) - Disposition to Issuer
Class A Common Stock
2021-05-25$61.00/sh−1,000$61,000→ 0 total - Disposition to Issuer
Restricted Stock Units (Cash Settled)
2021-05-25−636→ 0 totalExp: 2024-02-01→ Class A Common Stock (636 underlying) - Disposition to Issuer
Restricted Stock Units (Cash Settled)
2021-05-25−422→ 0 totalExp: 2023-02-01→ Class A Common Stock (422 underlying)
Footnotes (2)
- [F1]In conjunction with the merger of FBL Financial Group, Inc. and 5400 Merger Sub, Inc. (the "Merger"), pursuant to an agreement and plan of merger dated January 11, 2021 and amended on May 2, 2021, the shares of FBL Financial Group, Inc. common stock were cancelled and automatically converted into the right to receive $61.00 per share, without interest.
- [F2]Each unit of cash settled RSUs represented the economic equivalent of one share of FBL Financial Group, Inc. Class A common stock. The cash settled RSUs were subject to vesting schedules of 20% of the units on each of the first five anniversaries of the grant date, ending on the expiration date. In conjunction with the Merger, these RSUs were cancelled and exchanged for the right to receive an amount in cash equal to $61.00 per unit, plus the aggregate sum of any cash dividend equivalents in respect of such units, with payment to be made in accordance with the vesting schedules applicable to the RSUs prior to the Merger, subject to the continued employment of the reporting person.