Sec Form 4 Filing - TURNER JOSEPH W @ GREAT SOUTHERN BANCORP INC - 2015-07-24

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
TURNER JOSEPH W
2. Issuer Name and Ticker or Trading Symbol
GREAT SOUTHERN BANCORP INC [ GSBC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
President/CEO
(Last) (First) (Middle)
2190 N FARM ROAD 213
3. Date of Earliest Transaction (MM/DD/YY)
07/24/2015
(Street)
STRAFFORD, MO65757
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common stock 07/24/2015 M 1,811 A $ 30.34 138,343 D
Common stock 07/24/2015 S 1,811 D $ 42.0147 136,532 D
Common stock 07/27/2015 M 10,189 A $ 30.34 146,721 D
Common stock 07/27/2015 S 10,189 D $ 41.5737 136,532 D
Common stock 01/01/2015 J( 1 ) V 10,797 ( 1 ) D $ 0 ( 1 ) 0 I 401(k) Plan
Common stock 2,478 I Spouse
Common stock 8,800 I Children's Trust
Common stock 369,738 I LTD Family Partnership
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option to purchase $ 30.34 07/24/2015 M 1,811 ( 2 ) 09/20/2015 Common stock 1,811 $ 30.34 10,189 D
Option to purchase $ 30.34 07/27/2015 M 10,189 ( 2 ) 09/20/2015 Common stock 10,189 $ 30.34 0 D
Option to purchase $ 30.66 ( 3 ) 10/18/2016 Common stock 9,600 9,600 D
Option to purchase $ 25.48 ( 4 ) 10/17/2017 Common stock 9,600 19,200 D
Option to purchase $ 19.53 ( 5 ) 11/16/2021 Common stock 6,000 25,200 D
Option to purchase $ 24.82 ( 6 ) 11/28/2022 Common stock 6,000 31,200 D
Option to purchase $ 29.64 ( 7 ) 12/18/2023 Common stock 6,000 37,200 D
Option to purchase $ 32.59 ( 8 ) 10/15/2024 Common stock 6,000 43,200 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
TURNER JOSEPH W
2190 N FARM ROAD 213
STRAFFORD, MO65757
X X President/CEO
Signatures
Matt Snyder, Attorney-in-fact for Joseph W. Turner 07/27/2015
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Company sponsored 401(k) Plan was modified as of 01-01-2015 with changes including Participant Investment Options. Company stock is no longer an investment option under the Plan. Funds previously invested in Company stock have been reallocated into other investment options.
( 2 )12,000 shares vest on 12/31/2005
( 3 )2,400 shares vest on 10/18/2008, 10/18/2009, 10/18/2010 and 10/18/2011
( 4 )2,400 shares vest on 10/17/2009, 10/17/2010, 10/17/2011 and 10/17/2012
( 5 )1,500 shares vest on 11/16/2013, 11/16/2014, 11/16/2015 and 11/16/2016
( 6 )1,500 shares vest on 11/28/2014, 11/28/2015, 11/28/2016 and 11/28/2017
( 7 )1,500 shares vest on 12/18/2015, 12/18/2016, 12/18/2017 and 12/18/2018
( 8 )1,500 shares vest on 10/15/2016, 10/15/2017, 10/15/2018 and 10/15/2019

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.