SEC Form 4 · accession 0001209191-16-091383
LANNETT CO INC · LCI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Arthur P Bedrosian
Officer — CEO · Director
Period of report
Jan 12, 2016
Accepted (ET)
Jan 14, 2016 · 3:36 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 | Jan 12, 2016 | M | 16,667 | $8.00 | A | 621,352 | D | |
| Common StockF1 | Jan 12, 2016 | F | 7,836 | $35.67 | D | 613,516 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common StockF2 | $8.00 | Jan 12, 2016 | M | 16,667 | D | — | Jan 18, 2016 | Common Stock | 16,667 | 0 | D |
Explanation of responses
- F1Shares were withheld by the Company to satisfy the stock option exercise price and tax withholdings.
- F2Options became exercisable in annual installments as follows: 8,334 on 1/18/2008, and 8,333 on 1/18/2009.