SEC Form 4 · accession 0001014108-18-000158

LAYNE CHRISTENSEN CO · LAYN

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Sr. VP and General Counsel

Period of report

Jun 14, 2018

Accepted (ET)

Jun 14, 2018 · 8:16 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000888504

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1	Jun 14, 2018	D	6,921	—	D	0	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	D/I
Stock Option (right to buy)^F2	—	Jun 14, 2018	D	3,750	D	—	—	Common Stock	3,750	D
Stock Option (right to buy)^F2	—	Jun 14, 2018	D	17,527	D	—	—	Common Stock	17,527	D
Stock Option (right to buy)^F2	—	Jun 14, 2018	D	11,476	D	—	—	Common Stock	11,476	D
Stock Option (right to buy)^F2	—	Jun 14, 2018	D	8,569	D	—	—	Common Stock	8,569	D
Stock Option (right to buy)^F2	—	Jun 14, 2018	D	9,333	D	—	—	Common Stock	9,333	D
Stock Option (right to buy)^F2	—	Jun 14, 2018	D	15,430	D	—	—	Common Stock	15,430	D
Stock Option (right to buy)^F2	—	Jun 14, 2018	D	14,977	D	—	—	Common Stock	14,977	D
Stock Option (right to buy)^F2	—	Jun 14, 2018	D	14,969	D	—	—	Common Stock	14,969	D
Stock Option (right to buy)^F3	—	Jun 14, 2018	D	15,000	D	—	—	Common Stock	15,000	D
Performance Shares^F4	—	Jun 14, 2018	D	113,879	D	—	—	Common Stock	113,879	D
Performance Shares^F5	—	Jun 14, 2018	D	48,511	D	—	—	Common Stock	48,511	D
Restricted Stock Units^F6	—	Jun 14, 2018	D	1,718	D	—	—	Common Stock	1,718	D
Restricted Stock Units^F7	—	Jun 14, 2018	D	15,238	D	—	—	Common Stock	15,238	D
Restricted Stock Units^F8	—	Jun 14, 2018	D	21,591	D	—	—	Common Stock	21,591	D
Restricted Stock Units^F9	—	Jun 14, 2018	D	15,819	D	—	—	Common Stock	15,819	D
Performance Shares^F10	—	Jun 14, 2018	D	37,572	D	—	—	Common Stock	37,572	D

F1Disposed of pursuant to merger agreement between issuer and Granite Construction Incorporated ("Granite") in exchange for 1,868.67 shares of Granite common stock having a market value of $58.11 per share on the effective date of the merger.
F10These performance restricted stock units were canceled in the merger in exchange for a cash payment of $586,044.30.
F2This option was canceled in the merger without consideration.
F3This option was canceled in the merger in exchange for a cash payment of $110,668.50, representing the difference between the exercise price of the option and the market value of the underlying Layne common stock on the effective date of the merger ($15.5979 per share).
F4These performance restricted stock units were canceled in the merger in exchange for a cash payment of $1,776,273.25.
F5These performance restricted stock units were canceled in the merger in exchange for a cash payment of $756,669.73.
F6These restricted stock units were canceled in the merger in exchange for a cash payment of $26,797.19.
F7These restricted stock units were canceled in the merger in exchange for a cash payment of $237,680.80.
F8These restricted stock units were canceled in the merger in exchange for a cash payment of $336,774.26.
F9These restricted stock units were canceled in the merger in exchange for a cash payment of $246,743.18.