SEC Form 4 · accession 0001209191-15-052296
LIFE TIME FITNESS, INC. · LTM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bahram Akradi
Officer — Chairman, President and CEO · Director
Period of report
May 15, 2015
Accepted (ET)
Jun 11, 2015 · 4:20 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001076195
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 15, 2015 | Z | 60,000 | $0.00 | D | 0 | I | By Family Trust |
| Common StockF2 | Jun 10, 2015 | D | 1,386,963 | $0.00 | D | 1,052,965 | D | |
| Common StockF3 | Jun 10, 2015 | D | 1,052,965 | $72.10 | D | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares are held in a trust for the benefit of the reporting person's children, over which the reporting person previously held shared voting and dispositive power. As of May 15, 2015, the reporting person no longer has voting or dispositive powers over such shares.
- F2Price reflects consideration of shares of stock of LTF Holdings, Inc. received by the reporting person in exchange for Life Time common stock pursuant to a Contribution and Subscription Agreement between the reporting person and LTF Holdings, Inc., dated March 13, 2015, as amended March 15, 2015.
- F3Price reflects per share consideration paid pursuant to the Agreement and Plan of Merger, dated March 15, 2015, among Life Time Fitness, Inc., LTF Holdings, Inc., and LTF Merger Sub, Inc.