SEC Form 4 · accession 0000933141-16-000207
IBERIABANK CORP · IBKC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daryl G Byrd
Officer — PRESIDENT, CEO
Period of report
Feb 18, 2016
Accepted (ET)
Feb 22, 2016 · 1:42 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 | 1,595 | $47.73 | D | 192,243 | D | |
| COMMON STOCKF2 | Feb 19, 2016 | M | 3,563 | — | A | 195,806 | D | |
| COMMON STOCK | Feb 19, 2016 | D | 3,563 | $47.73 | D | 192,243 | D | |
| COMMON STOCKF5 | Feb 20, 2016 | M | 5,054 | — | A | 197,297 | D | |
| COMMON STOCK | Feb 20, 2016 | D | 5,054 | $47.73 | D | 192,243 | D | |
| COMMON STOCKF7 | Feb 18, 2016 | A | 13,877 | $0.00 | A | 206,120 | D | |
| COMMON STOCK | holding | — | — | — | 11,520 | I | BY 401K | |
| COMMON STOCK | holding | — | — | — | 1,875 | I | BY CHILD |
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 | 3,563 | D | Feb 19, 2016 | Feb 19, 2016 | COMMON STOCK | 3,563 | 0 | D |
| PERFORMANCE UNITSF5 | — | Feb 20, 2016 | M | 5,054 | D | Feb 20, 2016 | Feb 20, 2016 | COMMON STOCK | 5,054 | 0 | D |
| STOCK OPTIONSF8 | $47.35 | Feb 18, 2016 | A | 26,485 | A | Feb 18, 2017 | Feb 18, 2026 | COMMON STOCK | 26,485 | 205,680 | 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.