Larry Graber - Nov 29, 2021 Form 4 Insider Report for INDEPENDENCE HOLDING CO (IHC)

Role
Chief Life Annuity Actuary SVP, Director
Signature
/s/Larry R. Graber
Stock symbol
IHC
Transactions as of
Nov 29, 2021
Transactions value $
-$150,913
Form type
4
Date filed
12/1/2021, 03:55 PM
Next filing
Feb 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IHC Common Stock Options Exercise $200K +10K +18.02% $19.95 65.5K Nov 29, 2021 Direct
transaction IHC Common Stock Tax liability -$350K -6.2K -9.47% $56.50 59.3K Nov 29, 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 -10K -100% $0.00* 0 Nov 29, 2021 Common Stock 10K $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 3,798 shares of common stock on net exercise option to purchase 10,000 shares of common stock. The Comapny withheld 6,202 shares of common stock underlying the option for payment of the exercise price and applicable taxes, based on the closing stock price on November 29, 2021 of $56.50.
F2 Fully vested as of the date hereof.