Heather Harding - 15 Mar 2022 Form 4 Insider Report for LUXFER HOLDINGS PLC (LXFR)

Role
Other*
Signature
/s/ Megan E. Glise under Power of Attorney for Heather Harding
Issuer symbol
LXFR
Transactions as of
15 Mar 2022
Transactions value $
-$15,252
Form type
4
Filing time
16 Mar 2022, 17:22:31 UTC
Previous filing
16 Mar 2022
Next filing
07 Jul 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LXFR Ordinary Shares Options Exercise +1,741 +3.45% 52,273 15 Mar 2022 Direct F1
transaction LXFR Ordinary Shares Tax liability -$15,252 -807 -1.54% $18.9 51,466 15 Mar 2022 Direct

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 LXFR Restricted Stock Units Options Exercise -1,741 -25.45% 5,100 15 Mar 2022 Ordinary Shares 1,741 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Heather Harding is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Restricted Stock Units convert 1 for 1, subject to a nominal payment of $1.00 per Ordinary Share.
F2 The remaining Restricted Stock Units would normally vest in three equal installments beginning on March 15, 2023, subject to the Reporting Person's continued service at the time of vesting. Given the Reporting Person's retirement, the remaining Restricted Stock Units will be forfeited and lapse.

Remarks:

The Reporting Person retired from the Issuer, effective March 1, 2022, and is no longer serving as the Issuer's Chief Financial Officer. This Form 4 is being filed as a voluntary exit Form 4, indicating that the Reporting Person no longer constitutes an "officer" within the meaning of Rule 16a-1 and, therefore, is no longer subject to Section 16 reporting unless otherwise required by the Securities Exchange Act of 1934, as amended.