SEC Form 4 · accession 0001092378-15-000017
LIFETIME BRANDS, INC · LCUT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William U Westerfield
Director
Period of report
Jun 10, 2015
Accepted (ET)
Jun 12, 2015 · 2:49 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000874396
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 10, 2015 | M | 25,000 | $5.32 | A | 31,442 | D | |
| Common Stock | Jun 10, 2015 | F | 8,962 | $14.84 | D | 22,480 | D | |
| Common Stock | Jun 10, 2015 | G | 16,038 | $0.00 | D | 6,442 | D | |
| Common StockF2 | Jun 10, 2015 | G | 16,038 | $0.00 | A | 28,495 | I | Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option Grant (Right to Buy) | $5.32 | Jun 10, 2015 | M | 25,000 | D | Aug 10, 2010 | Aug 9, 2019 | Common Stock | 25,000 | 0 | D |
Explanation of responses
- F1The transaction reported involved a gift from the reporting person to a trust for the benefit of the reporting person's spouse.
- F2Trust for benefit of spouse.