SEC Form 4 · accession 0001209191-17-067602
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
Dec 26, 2017
Accepted (ET)
Dec 28, 2017 · 5:58 pm EST
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 | Dec 26, 2017 | M | 820 | $83.53 | A | 19,590 | D | |
| Common StockF2,F1 | Dec 26, 2017 | S | 4,004 | $86.20 | D | 15,586 | D | |
| Common StockF3,F1 | Dec 26, 2017 | S | 445 | $87.18 | D | 15,141 | D | |
| Common StockF1 | Dec 27, 2017 | M | 1,142 | $78.23 | A | 16,283 | D | |
| Common StockF1 | Dec 27, 2017 | M | 1,793 | $67.68 | A | 18,076 | D | |
| Common StockF1 | Dec 27, 2017 | M | 1,024 | $83.53 | A | 19,100 | D | |
| Common StockF1 | Dec 27, 2017 | M | 1,732 | $76.37 | A | 20,832 | D | |
| Common StockF1 | Dec 27, 2017 | M | 1,662 | $75.68 | A | 22,494 | D | |
| Common StockF1 | Dec 27, 2017 | M | 2,147 | $58.10 | A | 24,641 | D | |
| Common StockF4,F1 | Dec 27, 2017 | S | 21,816 | $86.11 | D | 2,825 | 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 PurchaseF5 | $83.53 | Dec 26, 2017 | M | 820 | D | — | Oct 24, 2024 | Common Stock | 820 | 1,639 | D |
| Option to PurchaseF6 | $78.23 | Dec 27, 2017 | M | 1,142 | D | — | Oct 21, 2026 | Common Stock | 1,142 | 3,429 | D |
| Option to PurchaseF7 | $67.68 | Dec 27, 2017 | M | 1,793 | D | — | Oct 23, 2025 | Common Stock | 1,793 | 1,794 | D |
| Option to PurchaseF5 | $83.53 | Dec 27, 2017 | M | 1,024 | D | — | Oct 24, 2024 | Common Stock | 1,024 | 615 | D |
| Option to PurchaseF8 | $76.37 | Dec 27, 2017 | M | 1,732 | D | Nov 1, 2017 | Oct 25, 2023 | Common Stock | 1,732 | 0 | D |
| Option to PurchaseF9 | $75.68 | Dec 27, 2017 | M | 1,662 | D | Nov 1, 2016 | Oct 24, 2022 | Common Stock | 1,662 | 0 | D |
| Option to PurchaseF10 | $58.10 | Dec 27, 2017 | M | 2,147 | D | Nov 1, 2015 | Oct 31, 2021 | Common Stock | 2,147 | 0 | D |
| Option to PurchaseF11 | $91.56 | holding | — | — | — | — | Oct 31, 2027 | Common Stock | 3,905 | 3,905 | D |
Explanation of responses
- F1Includes common stock in the form of restricted stock units.
- F10The option vested in four equal annual installments, which began on November 1, 2012.
- F11The option vests in four equal annual installments beginning on November 1, 2018.
- F2The price reported is the average trading price of the shares sold. The shares were sold in multiple transactions at prices ranging from $86.00 to $86.96, 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 $87.00 to $87.31, 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 $86.08 to $86.15, 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 option vests in four equal annual installments, which began on November 1, 2015.
- F6The option vests in four equal annual installments, which began on November 1, 2017.
- F7The option vests in four equal annual installments, which began on November 1, 2016.
- 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.