Filing Details
- Accession Number:
- 0001209191-21-058351
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-10-01 11:05:45
- Reporting Period:
- 2021-09-29
- Accepted Time:
- 2021-10-01 11:05:45
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1636286 | Altabancorp | ALTA | () | 4 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1375333 | E Len Williams | 1 East Main Street American Fork UT 84003 | President/Ceo | Yes | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Shares | Acquisiton | 2021-09-29 | 276 | $0.00 | 45,662 | No | 4 | P | Direct | |
Common Shares | Disposition | 2021-10-01 | 45,662 | $0.00 | 0 | No | 4 | D | Direct | |
Common Shares | Acquisiton | 2021-09-29 | 10 | $0.00 | 861 | No | 4 | P | Indirect | Altabancorp ESOP |
Common Shares | Disposition | 2021-10-01 | 861 | $0.00 | 0 | No | 4 | D | Indirect | Altabancorp ESOP |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Direct | |
No | 4 | D | Direct | |
No | 4 | P | Indirect | Altabancorp ESOP |
No | 4 | D | Indirect | Altabancorp ESOP |
Footnotes
- Includes dividend equivalents earned since last report from the special dividend the Company paid on September 29, 2021 in conjunction with the Merger.
- 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.
- 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.