Mark K. Olson - Sep 29, 2021 Form 4/A - Amendment Insider Report for Altabancorp (ALTA)

Role
EVP/Chief Financial Officer
Signature
/s/ Mark K. Olson, by Adelaide Maudsley, Attorney In Fact
Stock symbol
ALTA
Transactions as of
Sep 29, 2021
Transactions value $
$0
Form type
4/A - Amendment
Date filed
10/1/2021, 01:26 PM
Date Of Original Report
Oct 1, 2021
Previous filing
Sep 23, 2021
Next filing
Nov 16, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALTA Common Shares Purchase +243 +1.42% 17.4K Sep 29, 2021 Direct F1
transaction ALTA Common Shares Disposed to Issuer -17.4K -100% 0 Oct 1, 2021 Direct F2
transaction ALTA Common Shares Disposed to Issuer -1.96K -100% 0 Oct 1, 2021 Olson Family Trust F2
transaction ALTA Common Shares Purchase +9.94 +1.16% 867 Sep 29, 2021 Altabancorp ESOP F3
transaction ALTA Common Shares Disposed to Issuer -867 -100% 0 Oct 1, 2021 Altabancorp ESOP F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Mark K. Olson is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Includes dividend equivalents earned since last report from the special dividend the Company paid on September 29, 2021 in conjunction with the Merger.
F2 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.
F3 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.