SEC Form 4
FORM 4 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
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
SLITER EVERIT A

(Last) (First) (Middle)
49 COMMONS LOOP

(Street)
KALISPELL MT 59901

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
GLACIER BANCORP INC [ GBCI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) X Other (specify below)
Chairman of the Board
3. Date of Earliest Transaction (Month/Day/Year)
02/15/2007
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 02/15/2007 G 6,250 D $0.00 57,722 D(1)(2)
Common Stock 02/15/2007 P 1,200 A $24.54 343,486 I(2)(3) IRA
Common Stock 02/15/2007 P 950 A $24.54 344,436 I(2)(4) SEPP
Common Stock 02/16/2007 P 760 A $24.69 345,196 I(2)(5) SRA
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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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 (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (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: 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
Stock Option (right to buy) $9.44 07/29/2003 01/29/2008 Common Stock 3,869(2) 3,869 D
Stock Option (right to buy) $13.37 07/28/2004 01/28/2009 Common Stock 3,516(2) 7,385 D
Stock Option (right to buy) $16.67 07/26/2005 01/26/2010 Common Stock 3,722(2) 11,107 D
Stock Option (right to buy) $20.96 07/25/2006 01/25/2011 Common Stock 3,750(2) 14,857 D
Stock Option (right to buy) $23.47 07/30/2007 01/31/2012 Common Stock 2,500 17,357 D
Explanation of Responses:
1. Includes 18,855 shares held individually and 38,867 shares owned jointly with Mr. Sliter's wife.
2. Shares are adjusted for a three-for-two stock split paid to all Glacier Bancorp, Inc. shareholders on December 14, 2006.
3. Mr. Sliter holds 23,752 shares in a SEPP account; 5,656 shares in an SRA account; 152,239 shares in an IRA account for his benefit; 3,444 shares in a family LP; 44,817 shares in an IRA account for the benefit of Mr. Sliter's wife and 113,578 shares owned by Mr. Sliter's wife.
4. Mr. Sliter holds 24,702 shares in a SEPP account; 5,656 shares in an SRA account; 152,239 shares in an IRA account for his benefit; 3,444 shares in a family LP; 44,817 shares in an IRA account for the benefit of Mr. Sliter's wife and 113,578 shares owned by Mr. Sliter's wife.
5. Mr. Sliter holds 24,702 shares in a SEPP account; 6,416 shares in an SRA account; 152,239 shares in an IRA account for his benefit; 3,444 shares in a family LP; 44,817 shares in an IRA account for the benefit of Mr. Sliter's wife and 113,578 shares owned by Mr. Sliter's wife.
Remarks:
James H. Strosahl on behalf of Everit A. Sliter 02/19/2007
** Signature of Reporting Person Date
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.