SEC Form 4 · accession 0001209191-17-059000
LINDSAY CORP · LNN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David B Downing
Officer — Executive Vice President
Period of report
Oct 31, 2017
Accepted (ET)
Nov 2, 2017 · 7:22 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 | Oct 31, 2017 | A | 1,310 | $0.00 | A | 19,226 | D | |
| Common StockF3,F2 | Nov 1, 2017 | F | 456 | $91.64 | D | 18,770 | 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 | $91.56 | Oct 31, 2017 | A | 3,905 | A | — | Oct 31, 2027 | Common Stock | 3,905 | 3,905 | D |
| Option to PurchaseF5 | $78.23 | holding | — | — | — | — | Oct 21, 2026 | Common Stock | 4,571 | 4,571 | D |
| Option to PurchaseF6 | $67.68 | holding | — | — | — | — | Oct 23, 2025 | Common Stock | 3,587 | 3,587 | D |
| Option to PurchaseF7 | $83.53 | holding | — | — | — | — | Oct 24, 2024 | Common Stock | 2,459 | 2,459 | D |
| Option to PurchaseF8 | $76.37 | holding | — | — | — | Nov 1, 2017 | Oct 25, 2023 | Common Stock | 1,732 | 1,732 | D |
| Option to PurchaseF9 | $75.68 | holding | — | — | — | Nov 1, 2016 | Oct 24, 2022 | Common Stock | 1,662 | 1,662 | D |
| Option to PurchaseF10 | $58.10 | holding | — | — | — | Nov 1, 2015 | Oct 31, 2021 | Common Stock | 2,147 | 2,147 | D |
Explanation of responses
- F1Includes restricted stock units that will vest and settle in shares of Lindsay Corporation's common stock on a one-for-one basis in three equal installments on the following dates: November 1, 2018; November 1, 2019; and November 1, 2020.
- F10The option vested in four equal annual installments, which began on November 1, 2012.
- F2Includes common stock in the form of restricted stock units.
- F3Shares of common stock withheld to satisfy statutory minimum tax withholding obligations upon vesting of restricted stock units previously included in Table I.
- F4The option vests in four equal annual installments beginning on November 1, 2018.
- F5The option vests in four equal annual installments, which began on November 1, 2017.
- F6The option vests in four equal annual installments, which began on November 1, 2016.
- F7The option vests in four equal annual installments, which began on November 1, 2015.
- F8The option vested in four equal annual installments, which began on November 1, 2014.
- F9The option vested in four equal annual installments, which began on November 1, 2013.