SEC Form 4 · accession 0001213778-16-000001

INDEPENDENCE HOLDING CO · IHC

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — CFO & SVP

Period of report

Feb 9, 2016

Accepted (ET)

Feb 11, 2016 · 5:32 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000701869

Table I — non-derivative securities

No Table I lines on this filing.

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Option (right to buy)^F1,F2	$9.09	Feb 9, 2016	D	47,300	D	—	Jan 4, 2017	Common Stock	47,300	27,500	D
Employee Stock Option (right to buy)^F1,F2	$9.09	Feb 9, 2016	A	47,300	A	—	Jan 4, 2019	Common Stock	47,300	74,800	D
Stock Appreciation Right (Common Stock)^F1,F3	$7.11	Feb 9, 2016	D	11,000	D	—	Mar 16, 2016	Common Stock	11,000	0	D
Stock Appreciation Right (Common Stock)^F1,F3	$7.11	Feb 9, 2016	A	11,000	A	—	Mar 16, 2018	Common Stock	11,000	11,000	D

F1Adjusted for the 10% stock dividend paid on February 17, 2012.
F2The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on January 5, 2010 and vested in three equal annual installments beginning on January 5, 2011. The original option was previously amended on May 16, 2014 to extend the expiration date from January 4, 2015 to January 4, 2017.
F3The two reported transactions involved an amendment of an outstanding stock appreciation right (SAR), resulting in the deemed cancellation of the "old" SAR and the grant of the replacement SAR. The SAR was originally granted on March 16, 2011 and fully vested when the Company completed repurchase transactions of its common stock aggregating $1.5 million in equivalent value.