SEC Form 4 · accession 0000933141-16-000212
IBERIABANK CORP · IBKC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Michael Scott Price
Officer — CHIEF ACCOUNTING OFFICER
Period of report
Feb 18, 2016
Accepted (ET)
Feb 22, 2016 · 3:43 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 | 76 | $47.73 | D | 4,369 | D | |
| COMMON STOCKF2 | Feb 19, 2016 | M | 258 | — | A | 4,627 | D | |
| COMMON STOCK | Feb 19, 2016 | D | 258 | $47.73 | D | 4,369 | D | |
| COMMON STOCKF4 | Feb 18, 2016 | A | 1,637 | $0.00 | A | 6,006 | D |
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 | 258 | D | Feb 19, 2016 | Feb 19, 2016 | COMMON STOCK | 258 | 0 | D |
| STOCK OPTIONSF5 | $47.35 | Feb 18, 2016 | A | 1,291 | A | Feb 18, 2017 | Feb 18, 2026 | COMMON STOCK | 1,291 | 926 | D |
| PHANTOM STOCKF6,F7 | $0.00 | Feb 18, 2016 | A | 1,309 | A | — | — | COMMON STOCK | 1,309 | 0 | 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.
- F4GRANT OF RESTRICTED STOCK AWARDS VIA ISSUER'S 200 STOCK INCENTIVE PLAN, WILL VEST EQUALLY OVER A 5-YEAR PERIOD COMMENCING WITH THE FIRST ANNIVERSARY OF THE DATE OF THE GRANT.
- F5STOCK OPTIONS, AWARDED VIA ISSUER'S 2010 STOCK INCENTIVE PLAN, WILL VEST OVER A 5-YEAR PERIOD COMMENCING ON THE FIRST ANNIVERSARY OF THE DATE OF GRANT AT 20% PER YEAR.
- F6SHARES OF PHANTOM STOCK ARE PAYABLE IN CASH UPON VESTING.
- F7GRANT OF PHANTOM STOCK, WILL VEST EQUALLY OVER A 5-YEAR PERIOD. THE FIRST VESTING WILL OCCUR 13 MONTHS AFTER THE GRANT DATE WITH SUBSEQUENT VESTING'S OCCURRING ON THE 2ND, 3RD, 4TH AND 5TH ANNIVERSARY OF THE GRANT DATE.