Home > Insider Trading > Filing (0001415889-14-000375)

Filing Details

Accession Number:: 0001415889-14-000375
Form Type:: 5
Zero Holdings:: No
Publication Time:: 2014-02-03 08:00:00
Reporting Period:: 2013-12-31

Filing Date:: 2014-02-03
Accepted Time:: 2014-02-03 08:00:00
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
714395	German American Bancorp Inc.	GABC	State Commercial Banks (6022)	351547518

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1190298	David J Lett	500 N Line St Loogootee IN 47553		No	No	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2013-08-08	2,166	$27.08	0	No	5	S	Indirect	By Mother
Common Stock	Disposition	2013-11-15	2,400	$27.50	53,065	No	5	S	Direct
Common Stock	Disposition	2013-11-15	100	$27.55	52,965	No	5	S	Direct
Common Stock	Disposition	2013-11-15	1,600	$27.70	51,365	No	5	S	Direct
Common Stock	Disposition	2013-11-15	500	$27.71	50,865	No	5	S	Direct
Common Stock	Disposition	2013-11-15	400	$27.72	50,465	No	5	S	Direct
Common Stock	Acquisiton	2013-12-16	351	$0.00	50,816	No	5	A	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	5	S	Indirect	By Mother
No	5	S	Direct
No	5	S	Direct
No	5	S	Direct
No	5	S	Direct
No	5	S	Direct
No	5	A	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	2,476	Indirect	By Spouse
Common Stock	886	Indirect	Joint with Spouse

Footnotes

As a result of the August 8, 2013 open market sale of GABC shares for the account of the Mary Lett Estate that is reported on this Form 5, the brokerage account holding shares for the account of Mr. Lett's mother's estate no longer held any shares of GABC. Mr. Lett cannot account specifically for the disposition of 5,172 other shares that Mr. Lett had previously reported on his Form 4 statements of beneficial ownership as being held in this brokerage account since 2006, but believes that these other shares were sold for the account of the Estate from time to time since inception of the brokerage account in 2006, when the brokerage account accepted transfer of a block of 34,340 shares of GABC.
Even if all of such 5,172 shares were sold from such account throughout the period of time elapsing since 2006, none of such sales would have been matchable at any time with any non-exempt purchases made by Mr. Lett or others whose transactions are reportable by him under Section 16, for purposes of determining whether any short swing trading liability might have arisen from such sales under Section 16(b) of the Securities Exchange Act of 1934, as amended.
This lack of any possible Section 16(b) liability can be demonstrated because Mr. Lett (and other persons whose transactions are reportable by him under Section 16(a)) at all times since 2006 has acquired beneficial ownership of GABC shares only in exempt transactions (A) under the GABC dividend reinvestment plan (through reinvestment of cash dividends) or (B) in transactions exempt under Rule 16b-3 (compensatory acquisitions as a result of Mr. Lett's service as a director of GABC during this time period). Therefore, there is no possibility of matching any such possible sales with a non-exempt purchase of GABC shares for the accounts of Mr. Lett or his related persons during this entire time period.
Restricted Stock - Price not applicable
Includes shares purchased pursuant to German American's dividend reinvestment plan