SEC Form 4 · accession 0001740236-19-000014
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, 2019
Accepted (ET)
Feb 5, 2019 · 1:02 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, 2019 | M | 1,155 | — | A | 1,155 | D | |
| Class A Common Stock | Feb 1, 2019 | D | 1,155 | $70.88 | D | 0 | D | |
| Class A Common StockF1 | Feb 1, 2019 | M | 881 | — | A | 881 | D | |
| Class A Common Stock | Feb 1, 2019 | D | 881 | $70.88 | D | 0 | D | |
| Class A Common StockF1 | Feb 1, 2019 | M | 396 | — | A | 396 | D | |
| Class A Common Stock | Feb 1, 2019 | D | 396 | $70.88 | D | 0 | D | |
| Class A Common StockF1 | Feb 1, 2019 | M | 358 | — | A | 358 | D | |
| Class A Common Stock | Feb 1, 2019 | D | 358 | $70.88 | D | 0 | D |
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, 2019 | M | 1,155 | D | Feb 1, 2019 | Feb 1, 2019 | Class A Common Stock | 1,155 | 0 | D |
| Restricted Stock Units (Cash Settled)F1 | — | Feb 1, 2019 | M | 881 | D | Feb 1, 2019 | Feb 1, 2020 | Class A Common Stock | 881 | 881 | D |
| Restricted Stock Units (Cash Settled)F1 | — | Feb 1, 2019 | M | 396 | D | Feb 1, 2019 | Feb 1, 2021 | Class A Common Stock | 396 | 792 | D |
| Restricted Stock Units (Cash Settled)F1 | — | Feb 1, 2019 | M | 358 | D | Feb 1, 2019 | Feb 1, 2022 | Class A Common Stock | 358 | 1,074 | D |
| Restricted Stock Units (Cash Settled)F2 | — | Feb 1, 2019 | A | 1,878 | A | Feb 1, 2020 | Feb 1, 2024 | Class A Common Stock | 1,878 | 1,878 | 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, 2019, 20% of the reporting person's previously granted cash settled RSU's 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.
- F2Each 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.