SEC Form 4 · accession 0000057131-19-000004
LA-Z-BOY INC · LZB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Darrell Dewain Edwards
Officer — Senior Vice President
Period of report
Feb 21, 2019
Accepted (ET)
Feb 25, 2019 · 3:44 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000057131
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares | Feb 21, 2019 | M | 3,893 | $7.75 | A | 31,947 | D | |
| Common SharesF2 | Feb 21, 2019 | S | 1,777 | $36.0225 | D | 30,170 | D | |
| Common Shares | holding | — | — | — | 219 | I | By 401(k) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F1 | $7.75 | Feb 21, 2019 | M | 3,893 | D | Jul 14, 2011 | Jul 14, 2020 | Common Shares | 3,893 | 0 | D |
Explanation of responses
- F1These options were granted under the La-Z-Boy Incorporated 2010 Omnibus Incentive Plan and become exercisable in four equal annual installments beginning on the date shown in the Date Exercisable column.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.00 to $36.04, inclusive. The reporting person undertakes to provide to issuer, any security holder of issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.