| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ISTR | Common Stock | Options Exercise | $840K | +60K | +27.93% | $14.00 | 275K | Jun 5, 2024 | Direct | |
| transaction | ISTR | Common Stock | Tax liability | -$867K | -55.6K | -20.23% | $15.60 | 219K | Jun 5, 2024 | Direct | F1 |
| transaction | ISTR | Common Stock | Sale | -$10K | -650 | -0.3% | $15.41 | 219K | Jun 7, 2024 | Direct | F2, F3 |
| transaction | ISTR | Common Stock | Small acquisition under Rule 16a-6 | $35.80 | +2 | +0.1% | $17.90 | 2.1K | Jan 31, 2024 | Minor children | F4 |
| holding | ISTR | Common Stock | 30.8K | Jan 31, 2024 | 401(k) | ||||||
| holding | ISTR | Common Stock | 250 | Jan 31, 2024 | Spouse |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ISTR | Employee Stock Option | Options Exercise | $0 | -60K | -100% | $0.00* | 0 | Jun 5, 2024 | Common Stock | 60K | $14.00 | Direct | F5 |
| Id | Content |
|---|---|
| F1 | 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. |
| F2 | Sales were undertaken by the Reporting Person for personal tax planning purposes, primarily related to tax obligations on the reported option exercise. |
| F3 | 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. |
| F4 | 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). |
| F5 | The option vested in six equal annual installments beginning on July 1, 2015 and is currently exercisable as to all 60,000 shares. |