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

Source evidence Original filing metadata and source links for verification. 6 source fields
SEC form
4/A - Amendment
Accepted by SEC
01 Oct 2021, 13:26:32 UTC
Original report date
01 Oct 2021
Prior SEC filing
23 Sep 2021
Next SEC filing
16 Nov 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Mark K. Olson, by Adelaide Maudsley, Attorney In Fact

Key filing fact

Mark K. Olson filed Form 4/A - Amendment for Altabancorp on 01 Oct 2021.

Key facts

  • This page summarizes Mark K. Olson's Form 4/A - Amendment filing for Altabancorp.
  • 5 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 01 Oct 2021, 13:26.

Change

  • Previous filing in this sequence was filed on 23 Sep 2021.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4/A - Amendment disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ALTA transaction

Common Shares

Purchase

Transaction value
Shares
+243
Change %
+1.4%
Price
Shares after
17,395
Date
29 Sep 2021
Ownership
Direct
Footnotes
F1
ALTA transaction

Common Shares

Disposed to Issuer

Transaction value
Shares
-17,395
Change %
-100%
Price
Shares after
0
Date
01 Oct 2021
Ownership
Direct
Footnotes
F2
ALTA transaction

Common Shares

Disposed to Issuer

Transaction value
Shares
-1,964
Change %
-100%
Price
Shares after
0
Date
01 Oct 2021
Ownership
Olson Family Trust
Footnotes
F2
ALTA transaction

Common Shares

Purchase

Transaction value
Shares
+10
Change %
+1.2%
Price
Shares after
867
Date
29 Sep 2021
Ownership
Altabancorp ESOP
Footnotes
F3
ALTA transaction

Common Shares

Disposed to Issuer

Transaction value
Shares
-867
Change %
-100%
Price
Shares after
0
Date
01 Oct 2021
Ownership
Altabancorp ESOP
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Mark K. Olson is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote F1

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

Footnote 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.

Footnote 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.

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