Filing Details

Accession Number:
0001437749-24-019725
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-06-07 18:10:47
Reporting Period:
2024-01-31
Accepted Time:
2024-06-07 18:10:47
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1602658 Investar Holding Corp ISTR State Commercial Banks (6022) 271560715
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1611432 J John D'angelo C/O Investar Holding Corporation
10500 Coursey Blvd.
Baton Rouge LA 70816
Chief Executive Officer 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 Stock Acquisiton 2024-06-05 60,000 $14.00 274,821 No 4 M Direct
Common Stock Disposition 2024-06-05 55,607 $15.60 219,214 No 4 F Direct
Common Stock Disposition 2024-06-07 650 $15.41 218,564 No 4 S Direct
Common Stock Acquisiton 2024-01-31 2 $17.90 2,099 No 4 L Indirect Minor children
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 S Direct
No 4 L Indirect Minor children
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option Disposition 2024-06-05 60,000 $0.00 60,000 $14.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2024-06-30 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 30,771 Indirect 401(k)
Common Stock 250 Indirect Spouse
Footnotes
  1. Represents a "net exercise" of outstanding stock options. The Reporting Person received 4,393 shares of common stock on net exercise of an option to purchase 60,000 shares of common stock. The Company withheld 55,607 shares of common stock underlying the option to satisfy the exercise price and tax withholding obligations.
  2. Sales were undertaken by the Reporting Person for personal tax planning purposes, primarily related to tax obligations on the reported option exercise.
  3. The reported price is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $15.38 to $15.44 per share. The Reporting Person undertakes to provide to Investar Holding Corporation, any security holder of Investar Holding Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  4. Reflects shares acquired by the Reporting Person under an automatic dividend reinvestment plan. Reporting of this acquisition was deferred under Rule 16a-6(a); however, because of the Reporting Person's sale of shares on June 7, 2024, the reporting of the acquisition is no longer deferred and is being reported on this Form 4 in accordance with Rule 16a-6(b).
  5. The option vested in six equal annual installments beginning on July 1, 2015 and is currently exercisable as to all 60,000 shares.