SEC Form 4 · accession 0001552585-15-000004
LIFETIME BRANDS, INC · LCUT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Larry Sklute
Officer — EVP & Chair. of Kitchenware
Period of report
Jun 10, 2015
Accepted (ET)
Jun 12, 2015 · 1:58 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 StockF1 | Jun 10, 2015 | A | 2,500 | $0.00 | A | 37,415 | D | |
| Common Stock | Jun 10, 2015 | M | 1,103 | $4.60 | A | 38,518 | D | |
| Common Stock | Jun 10, 2015 | S | 1,103 | $14.85 | D | 37,415 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock (Right to buy)F2 | $4.60 | Jun 10, 2015 | M | 1,103 | D | — | Nov 9, 2018 | Common Stock | 1,103 | 1,397 | D |
Explanation of responses
- F1The restricted stock was granted pursuant to the Company's Amended and Restated 2000 Long-Term Incentive Plan.
- F2The options are part of a grant of 5,000 options, which vested and became exercisable in four equal installments on each of November 10, 2009, 2010, 2011 and 2012.