Michael Adam Leggett - 21 Mar 2024 Form 4 Insider Report for LA-Z-BOY INC (LZB)

Signature
Uzma Ahmad, Attorney-in-Fact
Issuer symbol
LZB
Transactions as of
21 Mar 2024
Transactions value $
-$17,546
Form type
4
Filing time
22 Mar 2024, 16:12:20 UTC
Previous filing
17 Jan 2024
Next filing
25 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LZB Common Shares Options Exercise $96.5K +3.96K +19.16% $24.41 24.6K 21 Mar 2024 Direct F1
transaction LZB Common Shares Sale -$114K -3.08K -12.51% $37.08 21.5K 21 Mar 2024 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LZB Employee Stock Options (right to buy) Options Exercise $0 -3.96K -25% $0.00 11.9K 21 Mar 2024 Common Shares 3.96K $24.41 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These options were granted under the La-Z-Boy Incorporated 2017 Omnibus Incentive Plan and become exercisable in four equal annual installments beginning on the date shown in the Date Exercisable Column.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.0500 to $37.1050, inclusive. The reporting person undertakes to provide issuer, any security holder of issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.