SEC Form 4 · accession 0001209191-15-070931
LOUISIANA BANCORP INC · LABC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lawrence J Lebon III
Officer — President and CEO · Director
Period of report
Sep 15, 2015
Accepted (ET)
Sep 16, 2015 · 2:04 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001392562
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Sep 15, 2015 | D | 86,427 | $24.25 | D | 0 | D | |
| Common StockF2,F1 | Sep 15, 2015 | D | 50,940 | $24.25 | D | 0 | I | By 401(k) Plan |
| Common StockF3,F1 | Sep 15, 2015 | D | 18,932 | $24.25 | D | 0 | I | By Employee Stock Ownership Plan |
| Common StockF1 | Sep 15, 2015 | D | 10,000 | $24.25 | D | 0 | I | As trustee of nephews |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF5,F4 | $11.52 | Sep 15, 2015 | D | 115,241 | D | — | Feb 17, 2018 | Common Stock | 115,241 | 0 | D |
Explanation of responses
- F1Disposed of pursuant to merger between issuer and Home Bancorp, Inc. Pursuant to the merger agreement, each share of Louisiana Bancorp, Inc. common stock was converted into cash in the amount of $24.25.
- F2The reported securities represent the number of shares held in the Issuer's 401(k) Plan, based on a report dated September 15, 2015. These shares represent 55,312.5856 ownership units.
- F3The reported shares represent the number of shares allocated to the reporting person's account as of December 31, 2014.
- F4The reported stock options vested in five equal installments beginning on the first anniversary date of the grant, February 14, 2009.
- F5Disposed of pursuant to merger agreement between issuer and Home Bancorp, Inc. Pursuant to the merger agreement, each stock option was cancelled in exchange for a cash payment equal to the excess of $24.25 over the exercise price of such option.