SEC Form 4 · accession 0001209191-15-054177
LANNETT CO INC · LCI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Ehlinger
Officer — Chief Information Officer
Period of report
Jun 15, 2015
Accepted (ET)
Jun 17, 2015 · 4:34 pm EDT
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 | Jun 15, 2015 | M | 10,425 | $5.05 | A | 41,897 | D | |
| Common Stock | Jun 15, 2015 | M | 7,500 | $6.89 | A | 49,397 | D | |
| Common Stock | Jun 15, 2015 | M | 15,000 | $4.03 | A | 64,397 | D | |
| Common Stock | Jun 15, 2015 | M | 15,000 | $6.94 | A | 79,397 | D | |
| Common Stock | Jun 15, 2015 | M | 18,000 | $5.02 | A | 97,397 | D | |
| Common Stock | Jun 15, 2015 | M | 43,243 | $3.55 | A | 140,640 | D | |
| Common Stock | Jun 15, 2015 | S | 20,838 | $56.28 | D | 119,802 | 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 BuyF1 | $5.05 | Jun 15, 2015 | M | 10,425 | D | Sep 20, 2009 | Sep 20, 2016 | Common Stock | 10,425 | 0 | D |
| Stock Option - Right to BuyF2 | $6.89 | Jun 15, 2015 | M | 7,500 | D | Nov 27, 2009 | Nov 27, 2016 | Common Stock | 7,500 | 0 | D |
| Stock Option - Right to BuyF3 | $4.03 | Jun 15, 2015 | M | 15,000 | D | Sep 17, 2010 | Sep 17, 2017 | Common Stock | 15,000 | 0 | D |
| Stock Option - Right to BuyF4 | $6.94 | Jun 15, 2015 | M | 15,000 | D | Oct 28, 2012 | Oct 29, 2019 | Common Stock | 15,000 | 0 | D |
| Stock Option - Right to BuyF5 | $5.02 | Jun 15, 2015 | M | 18,000 | D | Jul 8, 2014 | Jul 8, 2021 | Common Stock | 18,000 | 0 | D |
| Stock Option - Right to BuyF6 | $3.55 | Jun 15, 2015 | M | 43,243 | D | Aug 25, 2014 | Aug 25, 2021 | Common Stock | 43,243 | 6,757 | D |
Explanation of responses
- F1Options became exercisable in annual installments as follows: 3,475 on 9/21/2007, 3,475 on 9/20/2008, and 3,475 on 9/20/2009
- F2Options became exercisable in annual installments as follows: 2,500 on 11/28/2007, 2,500 on 11/27/2008, and 2,500 on 11/27/2009
- F3Options became exercisable in annual installments as follows: 5,000 on 9/17/2008, 5,000 on 9/17/2009, and 5,000 on 9/17/2010
- F4Options became exercisable in annual installments as follows: 5,000 on 10/29/2010, 5,000 on 10/29/2011, and 5,000 on 10/28/2012
- F5Options became exercisable in annual installments as follows: 6,000 on 7/8/2012, 6,000 on 7/8/2013, and 6,000 on 7/8/2014
- F6Options became exercisable in annual installments as follows: 9,909 on 8/25/2012, 16,667 on 8/25/2013, and 16,667 on 8/25/2014