SEC Form 4 · accession 0001179110-17-011285
Lamb Weston Holdings, Inc. · LW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William G Jurgensen
Director
Period of report
Aug 8, 2017
Accepted (ET)
Aug 9, 2017 · 4:43 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001679273
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 8, 2017 | M | 14,117 | $16.47 | A | 95,368 | D | |
| Common StockF1 | Aug 8, 2017 | F | 5,355 | $43.4859 | D | 90,013 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Director Stock Options (Right to Buy)F2 | $16.47 | Aug 8, 2017 | M | 14,117 | D | — | Sep 26, 2017 | Common Stock | 14,117 | 0 | D |
Explanation of responses
- F1Represents the weighted average price at which shares were sold in payment of the exercise price of the Director Stock Options exercised by the reporting person on August 8, 2017. These shares were sold in multiple transactions at prices ranging from $43.46 to $43.50, inclusive. The reporting person undertakes to provide Lamb Weston Holdings, Inc., any security holder of Lamb Weston Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, information regarding the number of shares sold at each separate price within the range set forth above.
- F2Options were converted in connection with Lamb Weston Holdings, Inc.'s spinoff from Conagra Brands, Inc. on November 9, 2016. The options were fully vested at time of conversion.