Filing Details

Accession Number:
0001209191-21-058353
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-10-01 11:14:44
Reporting Period:
2021-09-29
Accepted Time:
2021-10-01 11:14:44
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
1496892 K Mark Olson 1 East Main Street
American Fork UT 84003
Evp/Chief Financial Officer No 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 Disposition 2021-10-01 17,151 $0.00 0 No 4 D Direct
Common Shares Disposition 2021-10-01 1,964 $0.00 0 No 4 D Indirect Olson Family Trust
Common Shares Acquisiton 2021-09-29 10 $0.00 867 No 4 P Indirect Altabancorp ESOP
Common Shares Disposition 2021-10-01 867 $0.00 0 No 4 D Indirect Altabancorp ESOP
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 D Direct
No 4 D Indirect Olson Family Trust
No 4 P Indirect Altabancorp ESOP
No 4 D Indirect Altabancorp ESOP
Footnotes
  1. 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.
  2. 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.