SEC Form 4 · accession 0001209191-15-011446
LANNETT CO INC · LCI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
G. Michael Landis
Officer — Principal Accounting Officer
Period of report
Feb 6, 2015
Accepted (ET)
Feb 10, 2015 · 5:00 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000057725
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 6, 2015 | M | 2,000 | $3.55 | A | 15,736 | D | |
| Common Stock | Feb 6, 2015 | S | 2,000 | $53.00 | D | 13,736 | D | |
| Common Stock | Feb 6, 2015 | M | 4,000 | $4.16 | A | 17,736 | D | |
| Common Stock | Feb 6, 2015 | S | 4,000 | $53.04 | D | 13,736 | D | |
| Common Stock | Feb 6, 2015 | M | 4,333 | $13.86 | A | 18,069 | D | |
| Common Stock | Feb 6, 2015 | S | 4,333 | $53.04 | D | 13,736 | D | |
| Common Stock | Feb 6, 2015 | S | 1,716 | $52.31 | D | 12,020 | D |
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 | $3.55 | Feb 6, 2015 | M | 2,000 | D | Aug 25, 2014 | Aug 25, 2021 | Comm Stock | 2,000 | 0 | D |
| Stock Option - Right to BuyF1 | $4.16 | Feb 6, 2015 | M | 4,000 | D | — | Oct 25, 2022 | Common Stock | 4,000 | 2,000 | D |
| Stock Option - Right to Buy | $13.86 | Feb 6, 2015 | M | 4,333 | D | Sep 5, 2014 | Sep 4, 2023 | Common Stock | 4,333 | 8,667 | D |
Explanation of responses
- F1Stock Options became exercisable as follows: 2,000 on 10/26/2013; 2,000 on 10/26/2014.