Ph.D Ronald I. Simon - 15 Feb 2022 Form 4 Insider Report for INDEPENDENCE HOLDING CO

Reporting relationship: Director
Issuer ticker: N/A
Reported as of: 15 Feb 2022
Net transaction value: -$2,869,950
SEC form: 4
Accepted by SEC: 16 Feb 2022, 09:16:26 UTC
Prior SEC filing: 09 Feb 2022
Next SEC filing: 15 Sep 2022
Source filing: View source filing
Reporting owner signature: /s/ Ronald I. Simon

Key filing fact

Ph.D Ronald I. Simon filed Form 4 for INDEPENDENCE HOLDING CO on 16 Feb 2022.

Key facts

This page summarizes Ph.D Ronald I. Simon's Form 4 filing for INDEPENDENCE HOLDING CO.
4 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 16 Feb 2022, 09:16.

Change

Previous filing in this sequence was filed on 09 Feb 2022.
Current net transaction value: -$2,869,950.

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 disclosures.

View source filing

Reported non-derivative transactions

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

IHC transaction

Common Stock, $1.00 par value per share

Disposed to Issuer

Transaction value: $456,000
Shares: -8,000
Change %: -100%
Price: $57.00
Shares after: 0
Date: 15 Feb 2022
Ownership: Direct
Footnotes: F1

IHC transaction

Common Stock, $1.00 par value per share

Disposed to Issuer

Transaction value: $2,017,800
Shares: -35,400
Change %: -100%
Price: $57.00
Shares after: 0
Date: 15 Feb 2022
Ownership: By Simon Family Trust
Footnotes: F1

IHC transaction

Common Stock, $1.00 par value per share

Disposed to Issuer

Transaction value: $114,000
Shares: -2,000
Change %: -100%
Price: $57.00
Shares after: 0
Date: 15 Feb 2022
Ownership: By Wife
Footnotes: F1, F2

IHC transaction

Common Stock, $1.00 par value per share

Disposed to Issuer

Transaction value: $282,150
Shares: -4,950
Change %: -100%
Price: $57.00
Shares after: 0
Date: 15 Feb 2022
Ownership: Direct
Footnotes: F1, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Ph.D Ronald I. Simon 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

Disposed of pursuant to the Agreement and Plan of Merger, by and among Independence Holding Company, Geneve Holdings, Inc. and Geneve Acquisition Corp. dated November 9, 2021 (the "Merger Agreement"), on the effective date of the merger.

Footnote F2

The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purpoes of Section 16 or for any other purpose.

Footnote F3

On the effective date of the merger, each outstanding restricted stock unit (RSU), whether vested or not then vested, was cancelled, extinguished and converted into the right to receive the $57.00 merger consideration pursuant to the Merger Agreement.