SEC Form 4 · accession 0001209191-17-026137
LINDSAY CORP · LNN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rick Parod
Officer — President and CEO · Director
Period of report
Apr 5, 2017
Accepted (ET)
Apr 6, 2017 · 6:15 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000836157
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Apr 5, 2017 | S | 15,000 | $85.74 | D | 170,761 | D | |
| Common StockF2 | Apr 6, 2017 | M | 6,189 | $76.37 | A | 176,950 | D | |
| Common StockF2 | Apr 6, 2017 | M | 8,314 | $75.68 | A | 185,264 | D | |
| Common StockF2 | Apr 6, 2017 | M | 10,738 | $58.10 | A | 196,002 | D | |
| Common StockF3,F2 | Apr 6, 2017 | S | 25,141 | $85.48 | D | 170,861 | D | |
| Common StockF2 | Apr 6, 2017 | S | 100 | $86.10 | D | 170,761 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to PurchaseF4 | $76.37 | Apr 6, 2017 | M | 6,189 | D | — | Oct 25, 2023 | Common Stock | 6,189 | 2,062 | D |
| Option to PurchaseF5 | $75.68 | Apr 6, 2017 | M | 8,314 | D | Nov 1, 2016 | Oct 24, 2022 | Common Stock | 8,314 | 0 | D |
| Option to PurchaseF6 | $58.10 | Apr 6, 2017 | M | 10,738 | D | Nov 1, 2015 | Oct 31, 2021 | Common Stock | 10,738 | 0 | D |
| Option to PurchaseF7 | $78.23 | holding | — | — | — | — | Oct 21, 2026 | Common Stock | 16,494 | 16,494 | D |
| Option to PurchaseF8 | $67.68 | holding | — | — | — | — | Oct 23, 2025 | Common Stock | 13,153 | 13,153 | D |
| Option to PurchaseF9 | $83.53 | holding | — | — | — | — | Oct 24, 2024 | Common Stock | 8,198 | 8,198 | D |
Explanation of responses
- F1The price reported is the average trading price of the shares sold. The shares were sold in multiple transactions at prices ranging from $85.37 to $86.25, inclusive. Upon request, the reporting person undertakes to provide to the staff of the Securities and Exchange Commission, the issuer, or any security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2Includes common stock in the form of restricted stock units.
- F3The price reported is the average trading price of the shares sold. The shares were sold in multiple transactions at prices ranging from $85.02 to $85.91, inclusive. Upon request, the reporting person undertakes to provide to the staff of the Securities and Exchange Commission, the issuer, or any security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F4The option vests in four equal annual installments, which began on November 1, 2014.
- F5The option vested in four equal annual installments, which began on November 1, 2013.
- F6The option vested in four equal annual installments, which began on November 1, 2012.
- F7The option vests in four equal annual installments beginning on November 1, 2017.
- F8The option vests in four equal annual installments, which began on November 1, 2016.
- F9The option vests in four equal annual installments, which began on November 1, 2015.