SEC Form 4 · accession 0001264057-15-000005
FBL FINANCIAL GROUP INC · FFG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles Happel
Officer — Chief Investment Officer
Period of report
Feb 1, 2015
Accepted (ET)
Feb 3, 2015 · 4:48 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001012771
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Feb 1, 2015 | M | 782 | — | A | 5,713 | D | |
| Class A Common Stock | Feb 1, 2015 | D | 782 | $52.19 | D | 4,931 | D | |
| Class A Common StockF1 | Feb 1, 2015 | M | 1,228 | — | A | 6,159 | D | |
| Class A Common Stock | Feb 1, 2015 | D | 1,228 | $52.19 | D | 4,931 | D | |
| Class A Common StockF1 | Feb 1, 2015 | M | 1,155 | — | A | 6,086 | D | |
| Class A Common Stock | Feb 1, 2015 | D | 1,155 | $52.19 | D | 4,931 | D | |
| Class A Common StockF2 | holding | — | — | — | 2,628 | I | by Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Units (Cash Settled)F1 | — | Feb 1, 2015 | M | 782 | D | Feb 1, 2015 | Feb 1, 2017 | Class A Common Stock | 782 | 1,564 | D |
| Restricted Stock Units (Cash Settled)F1 | — | Feb 1, 2015 | M | 1,228 | D | Feb 1, 2015 | Feb 1, 2018 | Class A Common Stock | 1,228 | 3,684 | D |
| Restricted Stock Units (Cash Settled)F1 | — | Feb 1, 2015 | M | 1,155 | D | Feb 1, 2015 | Feb 1, 2019 | Class A Common Stock | 1,155 | 4,620 | D |
| Restricted Stock Units (Cash Settled)F3 | — | Feb 1, 2015 | A | 4,403 | A | Feb 1, 2016 | Feb 1, 2020 | Class A Common Stock | 4,403 | 4,403 | D |
Explanation of responses
- F1Each unit of cash settled RSU is the economic equivalent of one share of FBL Financial Group, Inc. Class A Common Stock. On February 1, 2015 20% of the reporting person's cash settled RSU's listed above were vested and settled. The units vest 20% on each of the first five anniversaries of the grant date. 20% of the units will be exercisable and expire on each vest date.
- F2Reporting person holds 2,627.79 shares in a company sponsored 401(k) Plan. Ownership form is indirect and the nature of the indirect beneficial ownership is by trust.
- F3Each unit of cash settled RSU is the economic equivalent of one share of FBL Financial Group, Inc. Class A Common Stock. The units of cash settled RSU's will be settled in cash on each vesting date. The units vest 20% on each of the first five anniversaries of the grant date. 20% of the units will be exercisable and expire on each vest date.