SEC Form 4 · accession 0001209191-17-046472
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
Jul 25, 2017
Accepted (ET)
Jul 27, 2017 · 6:10 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 | Jul 25, 2017 | M | 3,288 | $67.68 | A | 174,049 | D | |
| Common StockF1 | Jul 25, 2017 | M | 4,099 | $83.53 | A | 178,148 | D | |
| Common StockF2,F1 | Jul 25, 2017 | S | 15,199 | $91.67 | D | 162,949 | D | |
| Common StockF3,F1 | Jul 25, 2017 | S | 10,508 | $92.64 | D | 152,441 | D | |
| Common StockF4,F1 | Jul 25, 2017 | S | 4,680 | $93.66 | D | 147,761 | D | |
| Common StockF5,F1 | Jul 26, 2017 | S | 21,972 | $90.95 | D | 125,789 | D | |
| Common StockF6,F1 | Jul 26, 2017 | S | 1,528 | $91.53 | D | 124,261 | D | |
| Common StockF7,F1 | Jul 27, 2017 | S | 5,000 | $90.29 | D | 119,261 | D | |
| Common StockF8,F1 | Jul 27, 2017 | S | 18,500 | $91.01 | D | 100,761 | 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 PurchaseF9 | $67.68 | Jul 25, 2017 | M | 3,288 | D | — | Oct 23, 2025 | Common Stock | 3,288 | 9,865 | D |
| Option to PurchaseF10 | $83.53 | Jul 25, 2017 | M | 4,099 | D | — | Oct 24, 2024 | Common Stock | 4,099 | 4,099 | D |
| Option to PurchaseF11 | $78.23 | holding | — | — | — | — | Oct 21, 2026 | Common Stock | 16,494 | 16,494 | D |
| Option to PurchaseF12 | $76.37 | holding | — | — | — | — | Oct 25, 2023 | Common Stock | 2,062 | 2,062 | D |
Explanation of responses
- F1Includes common stock in the form of restricted stock units.
- F10The option vests in four equal annual installments, which began on November 1, 2015.
- F11The option vests in four equal annual installments beginning on November 1, 2017.
- F12The option vests in four equal annual installments, which began on November 1, 2014.
- F2The price reported is the average trading price of the shares sold. The shares were sold in multiple transactions at prices ranging from $91.19 to $92.18, 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.
- F3The price reported is the average trading price of the shares sold. The shares were sold in multiple transactions at prices ranging from $92.19 to $93.17, 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 price reported is the average trading price of the shares sold. The shares were sold in multiple transactions at prices ranging from $93.20 to $94.03, 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.
- F5The price reported is the average trading price of the shares sold. The shares were sold in multiple transactions at prices ranging from $90.32 to $91.30, 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.
- F6The price reported is the average trading price of the shares sold. The shares were sold in multiple transactions at prices ranging from $91.33 to $91.66, 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.
- F7The price reported is the average trading price of the shares sold. The shares were sold in multiple transactions at prices ranging from $89.70 to $90.69, 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.
- F8The price reported is the average trading price of the shares sold. The shares were sold in multiple transactions at prices ranging from $90.70 to $91.38, 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.
- F9The option vests in four equal annual installments, which began on November 1, 2016.