Sec Form 3 Filing - GUNTHER HOLDING CO L.C. @ Altabancorp - 2020-06-12

FORM 3 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

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1. Name and Address of Reporting Person GUNTHER HOLDING CO L.C. 2. Issuer Name and Ticker or Trading Symbol Altabancorp [ PUB] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director X __ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 830 EAST 700 NORTH 3. Date of Earliest Transaction (MM/DD/YY) 06/12/2020 (Street) AMERICAN FORK, UT84003 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) _____ Form filed by One Reporting Person __ X __ 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 ( 1 ) ( 2 ) 479,899 I See Footnote ( 3 ) Common Stock ( 1 ) ( 2 ) 4,047 I See Footnote ( 4 ) Common Stock ( 1 ) ( 2 ) 6,116 D ( 5 ) Common Stock ( 1 ) ( 2 ) 7,172 D ( 6 ) Common Stock ( 1 ) ( 2 ) 336,732 I See Footnote ( 7 ) Common Stock ( 1 ) ( 2 ) 76,906 I See Footnote ( 8 ) Common Stock ( 1 ) ( 2 ) 40,280 D ( 9 ) Common Stock ( 1 ) ( 2 ) 96,932 D ( 10 )

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 Restricted Stock Units $ 0 01/01/2021 ( 12 ) Common Stock 332 D ( 11 ) Restricted Stock Units $ 0 01/01/2022 ( 12 ) Common Stock 220 D ( 11 ) Restricted Stock Units ( 12 ) $ 0 01/01/2023 ( 12 ) Common Stock 110 D ( 11 )

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other GUNTHER HOLDING CO L.C. 830 EAST 700 NORTH AMERICAN FORK, UT84003 X HOLLEY STEPHEN HAROLD 320 NORTH 630 EAST AMERICAN FORK, UT84003 X NEWBOLD FAMILY TRUST 1025 WEST 2650 NORTH LEHI, UT84043 X HOLLEY STEPHEN MARK STEPHEN MARK HOLLEY CODES TO COME AMERICAN FORK, UT84003 X HOLLEY ANDREA 2300 W RIVERSIDE DR BURBANK, CA91506 X HOLLEY BENJAMIN 2300 W RIVERSIDE DR BURBANK, CA91506 X Signatures /s/ Dale O. Gunther - Attorney-in-Fact 07/09/2020 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Each Reporting Person is a member of a Section 13(d) group that owns in the aggregate more than 10% of the Issuer's outstanding shares of Common Stock as disclosed in a Schedule 13D, filed on behalf of the Reporting Persons on June 12, 2020. As such, each Reporting Person may be deemed to beneficially own more than 10% of the Issuer's outstanding shares of Common Stock. To enable all of the Reporting Persons to gain access to the SEC's electronic filing systems (which only accepts a maximum of 10 joint filers per report), this report is the fourth of four reports being filed with the SEC relating to the Schedule 13D filed by Dale O. Gunther and the other Reporting Persons on June 12, 2020. ( 2 )Each Reporting Person disclaims beneficial ownership of the shares of Common Stock reported herein except to the extent of his or her or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such shares of Common Stock for purposes of Section 16 or for any other purpose. ( 3 )Shares of Common Stock beneficially owned by Gunther Holding Company, L.C., a Utah limited liability company, of which Dean Gunther is manager with sole voting and dispositive power. ( 4 )Shares of Common Stock beneficially owned by The Gunther Family Trust, a Utah trust, of which Dean Gunther and Deana Gunther are trustees sharing voting and dispositive power. ( 5 )Shares of Common Stock beneficially owned by Debra Gunther Holley. ( 6 )Shares of Common Stock beneficially owned by Stephen H. Holley. ( 7 )Shares of Common Stock beneficially owned by Ruprecht & Co., LLC, a Utah limited liability company, of which Stephen H. Holley and Debra Gunther Holley and member-managers sharing voting and dispositive power. ( 8 )Shares of Common Stock beneficially owned by The Newbold Family Trust, a Utah trust, of which Jace Tyler Newbold and Rebecca Holley Newbold are trustees sharing voting and dispositive power. ( 9 )Shares of Common Stock beneficially owned by Stephen Mark Holley. ( 10 )Shares of Common Stock beneficially owned by Benjamin Holley and Andrea Holley, who own the shares jointly and share voting and dispositive power. ( 11 )Shares of derivative securities beneficially owned by Stephen Mark Holley. ( 12 )The Restricted Stock Units have no Expiration Date and automatically vest on the Date Exercisable.

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).

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