Olson Mark K's Form 4 filing
Altabancorp (ALTA) · filed Oct 1, 2021
- Accession no.
- 0001209191-21-058353
- Filed
- Oct 1, 2021
- Trade date
- Sep 29-Oct 1, 2021
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 4 non-derivative transactions. It was filed 2 days after the trade.
This filing was later replaced by the amendment 0001209191-21-058372 (Oct 1, 2021). Trade tables on this site use the amended version.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Olson Mark KCIK 0001496892 | Officer (EVP/Chief Financial Officer) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Oct 1, 2021 | Common Shares | DReturned to the companyDisposed | −17,151.33 | –F1 | – | 0 | Direct | |
| Oct 1, 2021 | Common Shares | DReturned to the companyDisposed | −1,964.2 | –F1 | – | 0 | Indirect | |
| Sep 29, 2021 | Common Shares | PPurchaseAcquired | +9.94 | –F2 | – | 866.81 | Indirect | |
| Oct 1, 2021 | Common Shares | DReturned to the companyDisposed | −866.81 | –F1 | – | 0 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Pursuant to the Agreement and Plan of Merger, dated as of May 18, 2021, Glacier Bancorp, Inc. (GBCI) acquired Altabancorp (ALTA) in a merger transaction (the "Merger") which became effective on October 1, 2021. At the effective time of the Merger, each share of ALTA common stock (par value $0.01 per share) converted to the right to receive 0.7971 of a share of GBCI common stock (and cash for any fractional shares). On September 30, 2021, the closing price for GBCI common stock was $55.35.
Referenced by the price of 3 transactions in Table I.
- F2
Represents the reinvestment of certain dividends received by the Company's Employee Stock Ownership Plan that were reinvested in common shares of the Company and allocated to the Reporting Person. The allocation to the Reporting Person is exempt from Section 16(b) of the Exchange Act pursuant to Rule 16-3(c) thereunder.
Referenced by the price of 1 transaction in Table I.