SEC Form 4 · accession 0001209191-16-134474
LANNETT CO INC · LCI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mahendra Dedhiya
Officer — Chief Scientific Affairs
Period of report
Jul 27, 2016
Accepted (ET)
Jul 29, 2016 · 5:31 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,F2 | Jul 27, 2016 | A | 870 | $0.00 | A | 2,976 | 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)F3 | $31.30 | Jul 27, 2016 | A | 957 | A | — | Jul 26, 2026 | Common Stock | 957 | 957 | D |
Explanation of responses
- F1Represents restricted stock awards, vesting in 1/3 annual increments on 7/27/2017, 7/27/2018 and 7/27/2019.
- F2Includes 1,106 shares purchased pursuant to the Company's Employee Stock Purchase Plan.
- F3Exercisable in 1/3 annual increments on 7/27/2017, 7/27/2018 and 7/27/2019.