SEC Form 4 · accession 0001209191-16-134481
LANNETT CO INC · LCI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin Smith
Officer — VP of Sales and Marketing
Period of report
Jul 27, 2016
Accepted (ET)
Jul 29, 2016 · 5:34 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 StockF1 | Jul 27, 2016 | A | 1,428 | $0.00 | A | 16,498 | 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 BuyF2 | $31.30 | Jul 27, 2016 | A | 1,570 | A | — | Jul 26, 2026 | Common Stock | 1,570 | 1,570 | 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.
- F2Exercisable in 1/3 annual increments on 7/27/2017, 7/27/2018 and 7/27/2019.