SEC Form 4 · accession 0000933141-16-000204
IBERIABANK CORP · IBKC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Elizabeth A Ardoin
Officer — SR EXECUTIVE VICE PRESIDENT
Period of report
Feb 18, 2016
Accepted (ET)
Feb 22, 2016 · 12:30 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000933141
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| COMMON STOCK | Feb 19, 2016 | D | 223 | $47.73 | D | 17,753 | D | |
| COMMON STOCKF2 | Feb 19, 2016 | M | 715 | — | A | 18,468 | D | |
| COMMON STOCK | Feb 19, 2016 | D | 715 | $47.73 | D | 17,753 | D | |
| COMMON STOCKF5 | Feb 20, 2016 | M | 818 | — | A | 18,571 | D | |
| COMMON STOCK | Feb 20, 2016 | D | 818 | $47.73 | D | 17,753 | D | |
| COMMON STOCKF7 | Feb 18, 2016 | A | 2,281 | $0.00 | A | 20,034 | D | |
| COMMON STOCK | holding | — | — | — | 1,392 | I | BY 401K |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PHANTOM STOCKF2 | — | Feb 19, 2016 | M | 715 | D | Feb 19, 2016 | Feb 19, 2016 | COMMON STOCK | 715 | 0 | D |
| PERFORMANCE UNITSF5 | — | Feb 20, 2016 | M | 818 | D | Feb 20, 2016 | Feb 20, 2016 | COMMON STOCK | 818 | 0 | D |
| STOCK OPTIONSF8 | $47.35 | Feb 18, 2016 | A | 4,353 | A | Feb 18, 2017 | Feb 18, 2026 | COMMON STOCK | 4,353 | 19,501 | D |
Explanation of responses
- F1SETTLEMENT OF PHANTOM STOCK.
- F2EACH SHARE OF PHANTOM STOCK IS THE ECONOMIC EQUIVALENT OF ONE SHARE OF IBKC COMMON STOCK.
- F3PAYMENT OF CASH IN SETTLEMENT OF PHANTOM STOCK.
- F4SETTLEMENT OF PERFORMANCE UNITS. THE CASH-SETTLED PERFORMANCE UNITS WERE DISTRIBUTED TO THE REPORTING PERSON AFTER THE ACHIEVEMENT OF PRE-DETERMINED PERFORMANCE MEASURES OVER A 1-YEAR PERIOD.
- F5EACH PERFORMANCE UNIT IS THE ECONOMIC EQUIVALENT OF ONE SHARE OF IBKC COMMON STOCK.
- F6PAYMENT OF CASH IN SETTLEMENT OF PERFORMANCE UNITS.
- F7GRANT OF RESTRICTED STOCK AWARDS VIA ISSUER'S 2010 STOCK INCENTIVE PLAN, WILL VEST EQUALLY OVER A 3-YEAR PERIOD COMMENCING WITH THE FIRST ANNIVERSARY OF THE DATE OF THE GRANT.
- F8STOCK OPTIONS, AWARDED VIA ISSUER'S 2010 STOCK INCENTIVE PLAN, WILL VEST OVER A 3-YEAR PERIOD COMMENCING ON THE FIRST ANNIVERSARY OF THE DATE OF GRANT AT 33.33% PER YEAR.