SEC Form 4 · accession 0001310524-17-000016
LA-Z-BOY INC · LZB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Louis M Riccio Jr.
Officer — Senior VP and CFO
Period of report
Jun 26, 2017
Accepted (ET)
Jun 28, 2017 · 6:42 pm EDT
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 | Jun 26, 2017 | M | 22,504 | $11.97 | A | 123,354 | D | |
| Common SharesF2 | Jun 26, 2017 | S | 22,504 | $32.3005 | D | 100,850 | D | |
| Common SharesF3 | Jun 26, 2017 | S | 15,000 | $32.4196 | D | 85,850 | D | |
| Common Shares | Jun 26, 2017 | G | 1,000 | $0.00 | D | 84,850 | D | |
| Common Shares | holding | — | — | — | 1,484 | 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 options (right to buy)F1 | $11.97 | Jun 26, 2017 | M | 22,504 | D | Jul 11, 2013 | Jul 11, 2022 | Common shares | 22,504 | 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 $32.10 to $32.60, 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.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.405 to $32.455, 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.