SEC Form 4 · accession 0000933141-16-000246
IBERIABANK CORP · IBKC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J Brown
Officer — VICE CHAIRMAN
Period of report
Mar 1, 2016
Accepted (ET)
Mar 2, 2016 · 2:06 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 STOCKF2 | Mar 1, 2016 | M | 775 | — | A | 117,816 | D | |
| COMMON STOCK | Mar 1, 2016 | D | 775 | $49.38 | D | 117,041 | D | |
| COMMON STOCK | holding | — | — | — | 4,011 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PERFORMANCE UNITSF2 | — | Mar 1, 2016 | M | 775 | D | Mar 1, 2016 | Mar 1, 2016 | COMMON STOCK | 775 | 0 | D |
Explanation of responses
- F1SETTLEMENT 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.
- F2EACH PERFORMANCE UNIT IS THE ECONOMIC EQUIVALENT OF ONE SHARE OF IBKC COMMON STOCK.
- F3PAYMENT OF CASH IN SETTLEMENT OF PERFORMANCE UNITS.