SEC Form 4 · accession 0001213756-19-000002
INDEPENDENCE HOLDING CO · IHC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Roy T K Thung
Officer — Chairman and CEO · Director
Period of report
Jan 2, 2019
Accepted (ET)
Jan 3, 2019 · 4:38 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000701869
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 2, 2019 | M | 151,000 | $9.09 | A | 381,726 | D | |
| Common Stock | Jan 2, 2019 | F | 94,028 | $35.20 | D | 287,698 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F2 | $9.09 | Jan 2, 2019 | M | 151,000 | D | — | Jan 4, 2019 | Common Stock | 151,000 | 0 | D |
Explanation of responses
- F1Represents a "net exercise" of stock option. The reporting person received 56,972 shares of common stock on net exercise of option to purchase 151,000 shares of common stock. The Company withheld 94,028 shares of common stock underlying the option for payment of the exercise price and applicable taxes, based on the closing stock price prior to exercise of $35.20.
- F2Fully veted as of the date hereof