SEC Form 4 · accession 0001740236-19-000026
FBL FINANCIAL GROUP INC · FFG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Brannen
Officer — Chief Executive Officer · Director
Period of report
Feb 6, 2019
Accepted (ET)
Feb 7, 2019 · 12:30 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 6, 2019 | M | 883 | — | A | 883 | D | |
| Class A Common Stock | Feb 6, 2019 | D | 883 | $70.88 | D | 0 | D | |
| Class A Common StockF2 | holding | — | — | — | 14,070 | 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 6, 2019 | A | 4,419 | A | Feb 6, 2019 | Feb 1, 2023 | Class A Common Stock | 4,419 | 4,419 | D |
| Restricted Stock Units (Cash Settled)F1 | — | Feb 6, 2019 | M | 883 | D | Feb 6, 2019 | Feb 1, 2023 | Class A Common Stock | 883 | 3,536 | D |
Explanation of responses
- F1On February 1, 2018 the reporting person was granted performance based cash settled RSU's with a performance goal related to earnings per share to be achieved by the Company in 2018. The Stock Subcommittee of the Management Development and Compensation Committee on February 6, 2019 confirmed the performance goal was met. Each 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% per year over 5 years. 20% of the units will be exercisable and expire on each vest date.
- F2Reporting person holds 14,069.51 shares in a company sponsored 401(k) plan. Ownership form is indirect and the nature of the indirect beneficial ownership is by Trust.