SEC Form 4 · accession 0001227431-18-000001
LIFETIME BRANDS, INC · LCUT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald Shiftan
Officer — Vice Chairman of Board & COO · Director
Period of report
Dec 28, 2017
Accepted (ET)
Jan 2, 2018 · 4:13 pm EST
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 | Dec 28, 2017 | M | 100,000 | $10.72 | A | 230,823 | D | |
| Common Stock | Dec 28, 2017 | F | 14,601 | $16.60 | D | 216,222 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock OptionF1 | $10.72 | Dec 28, 2017 | M | 100,000 | D | — | Jan 2, 2018 | Common Stock | 100,000 | 0 | D |
Explanation of responses
- F120% of the options vested and became exercisable on December 31, 2013 and the balance of the options vested and became exercisable in four equal semi-annual installments thereafter commencing on June 30, 2014 and fully vested on December 31, 2015.