SEC Form 4 · accession 0000057131-19-000008

LA-Z-BOY INC · LZB

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chairman, President & CEO · Director

Period of report

Feb 28, 2019

Accepted (ET)

Mar 4, 2019 · 5:24 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 28, 2019	M	37,060	$19.06	A	540,642	D
Common Shares^F2	Feb 28, 2019	S	37,060	$34.473	D	503,582	D
Common Shares	Mar 1, 2019	M	57,520	$19.06	A	561,102	D
Common Shares	Mar 1, 2019	M	42,480	$23.63	A	603,582	D
Common Shares^F3	Mar 1, 2019	S	100,000	$34.3868	D	503,582	D
Common Shares	Mar 4, 2019	M	66,372	$23.63	A	569,954	D
Common Shares^F4	Mar 4, 2019	S	66,372	$34.0334	D	503,582	D
Common Shares	Dec 19, 2018	G	2,370	$0.00	D	501,212	D
Common Shares^F5	Dec 19, 2018	G	1,975	$0.00	D	29,025	I	By Charitable Lead Trust
Common Shares	holding	—	—		—	2,753	I	By 401k

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee stock option (right to buy)^F1	$19.06	Feb 28, 2019	M	37,060	D	Jun 17, 2014	Jun 17, 2023	Common Shares	37,060	57,520	D
Employee stock option (right to buy)^F1	$19.06	Mar 1, 2019	M	57,520	D	Jun 17, 2014	Jun 17, 2023	Common Shares	57,520	0	D
Employee stock option (right to buy)^F1	$23.63	Mar 1, 2019	M	42,480	D	Jun 16, 2015	Jun 15, 2024	Common Shares	42,480	66,372	D
Employee stock option (right to buy)^F1	$23.63	Mar 4, 2019	M	66,372	D	Jun 16, 2015	Jun 16, 2024	Common Shares	66,372	0	D

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 $34.405 to $34.56, inclusive. The reporting person undertakes to provide 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 footnotes 2, 3 and 4 to this Form 4.
F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.21 to $34.85, inclusive.
F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.77 to $34.60, inclusive.
F5The reporting person is the trustee of the trust and holds a remainder interest in the trust. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.