SEC Form 5 · accession 0001209191-15-066112
LANNETT CO INC · LCI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Farber
10% Owner
Period of report
Jun 30, 2015
Accepted (ET)
Aug 14, 2015 · 5:10 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 StockF1 | Jan 14, 2015 | J | 2,500 | — | A | 318,370 | D | |
| Common StockF2 | Apr 23, 2015 | J | 250,000 | — | A | 318,370 | D | |
| Common StockF3 | holding | — | — | — | 5,687,455 | I | Various |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On 1/14/2015, Farber Properties Group, LLC distributed 2,500 shares to David Farber.
- F2On 4/23/2015, Farber Properties Group, LLC distributed 250,000 shares to David Farber.
- F3Includes 3,245,000 shares held by Farber Properties Group LLC ("FPG"). FPG is managed and jointly owned by Jeffrey Farber and David Farber. David Farber and Jeffrey Farber each disclaim beneficial ownership of 1,622,500 shares held by FPG. Includes 1,593,499 shares held by the David and Nancy Family Foundation. David Farber disclaims beneficial ownership of these shares. Includes 528,142 shares held by FFLLC which is managed by Jeffrey and David Farber. David Farber and Jeffrey Farber each disclaim beneficial ownership of these shares. Includes 265,535 shares held by David Farber as custodian for his children and 17,279 shares held as joint custodian with Jeffrey Farber for a relative. Also includes 38,000 shares held by FIC. Jeffrey Farber and David Farber each beneficially own 25% of FIC and each disclaim beneficial ownership of all but 9,500 shares held by FIC.