Teresa A. Herbert - 23 Nov 2021 Form 4 Insider Report for INDEPENDENCE HOLDING CO

Role
President, Director
Signature
/s/Teresa A. Herbert
Issuer symbol
N/A
Transactions as of
23 Nov 2021
Net transactions value
-$142,634
Form type
4
Filing time
26 Nov 2021, 16:50:27 UTC
Next filing
07 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IHC Common Stock Options Exercise $239,400 +12,000 +15% $19.95 92,854 23 Nov 2021 Direct
transaction IHC Common Stock Tax liability $382,034 -6,739 -7.3% $56.69 86,115 23 Nov 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction IHC Employee Stock Option (Right to Buy) Options Exercise $0 -12,000 -100% $0.000000* 0 23 Nov 2021 Common Stock 12,000 $19.95 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a "net exercise"of stock option. The reporting person received 5,261 shares of common stock on net exercise option to purchase 12,000 shares of common stock. The Comapny withheld 6,739 shares of common stock underlying the option for payment of the exercise price and applicable taxes, based on the closing stock price on November 23, 2021 of $56.69.
F2 Fully vested as of the date hereof.