SEC Form 4 · accession 0000899243-17-006544
Lamb Weston Holdings, Inc. · LW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas P. Werner
Officer — President · Director
Period of report
Mar 1, 2017
Accepted (ET)
Mar 3, 2017 · 9:46 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001679273
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance UnitsF2,F1,F3 | — | Mar 1, 2017 | A | 75 | A | — | — | Common Stock | 75 | 15,983 | D |
| Phantom Stock UnitsF5,F4 | — | Mar 1, 2017 | A | 104 | A | — | — | Common Stock | 104 | 22,294 | D |
Explanation of responses
- F1Performance Units ("PUs") received in connection with the spinoff and converted from Conagra performance units held by the Reporting Person as of the spinoff.
- F2These additional PUs were accrued through a dividend reinvestment feature.
- F3PUs vest at the fiscal year end of 2017, plus accrued dividends.
- F4Each phantom stock unit is the economic equivalent of one share of common stock. The phantom stock units become payable in common stock at the election of the reporting person, upon the reporting person's termination of service as an officer.
- F5These phantom stock units were accrued through a dividend reinvestment feature.