HERBERT TERESA A (Chief Financial Officer, SVP) exercised options at INDEPENDENCE HOLDING CO

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 3 exercises

HERBERT TERESA A

Filed: 12/7/2021ACC: 0001104659-21-147288

InsiderHERBERT TERESA ACIK 1213778

→

IssuerINDEPENDENCE HOLDING COCIK 701869

DirectorOfficer· Chief Financial Officer, SVP

Since Dec 2018

-53.02K

Net shares

Net seller

$3.00M

Total sold

Open market trades

0B · 0S

Total transactions

70.03K acquired · 123.05K disposed

Non-Derivative Transactions6

Common Stock

Direct

M · Option Exercise

+27.50K

Price / share

$27.65

Trade value

$760.38K

% of position

31.9%

12/5/2021

86.11K→113.61K

Common Stock

Direct

F · Tax Withholding

−17.84K

Price / share

$56.63

Trade value

$1.01M

% of position

15.7%

12/5/2021

113.61K→95.78K

Common Stock

Direct

M · Option Exercise

+31.53K

Price / share

$37.38

Trade value

$1.18M

% of position

32.9%

12/5/2021

95.78K→127.31K

Common Stock

Direct

F · Tax Withholding

−24.18K

Price / share

$56.63

Trade value

$1.37M

% of position

19.0%

12/5/2021

127.31K→103.13K

Common Stock

Direct

M · Option Exercise

+11K

Price / share

$27.65

Trade value

$304.15K

% of position

10.7%

12/5/2021

103.13K→114.13K

Common Stock

Direct

D · Disposition

−11K

Price / share

$56.63

Trade value

$622.93K

% of position

9.6%

12/5/2021

114.13K→103.13K

Total

Net shares

+17.02K

Net value

-$758.97K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	12/5/2021	M · Option Exercise	+27.50K	$27.65	$760.38K	31.9%	86.11K	113.61K
Common Stock Direct	12/5/2021	F · Tax Withholding	−17.84K	$56.63	$1.01M	15.7%	113.61K	95.78K
Common Stock Direct	12/5/2021	M · Option Exercise	+31.53K	$37.38	$1.18M	32.9%	95.78K	127.31K
Common Stock Direct	12/5/2021	F · Tax Withholding	−24.18K	$56.63	$1.37M	19.0%	127.31K	103.13K
Common Stock Direct	12/5/2021	M · Option Exercise	+11K	$27.65	$304.15K	10.7%	103.13K	114.13K
Common Stock Direct	12/5/2021	D · Disposition	−11K	$56.63	$622.93K	9.6%	114.13K	103.13K
Total			+17.02K		-$758.97K

Derivative Transactions3

Employee Stock Option (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

27.50K shares

−27.50K

Strike price

27.65

Held after

0.00

Exercisable

—

12/5/2021

Employee Stock Option (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

31.53K shares

−31.53K

Strike price

37.38

Held after

0.00

Exercisable

—

12/5/2021

Stock Appreciation Right

Direct

M · Option Exercise

Converts to

Common Stock

11K shares

−11K

Strike price

27.65

Held after

0.00

Exercisable

—

12/5/2021

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable
Employee Stock Option (Right to Buy) Direct	Common Stock27.50K shares	12/5/2021	M · Option Exercise	−27.50K	27.65	—
Employee Stock Option (Right to Buy) Direct	Common Stock31.53K shares	12/5/2021	M · Option Exercise	−31.53K	37.38	—
Stock Appreciation Right Direct	Common Stock11K shares	12/5/2021	M · Option Exercise	−11K	27.65	—