Rebecca L. O'Grady - Aug 31, 2023 Form 4 Insider Report for LA-Z-BOY INC (LZB)

Role
Director
Signature
Uzma Ahmad, Attorney-in-Fact
Stock symbol
LZB
Transactions as of
Aug 31, 2023
Transactions value $
$0
Form type
4
Date filed
9/5/2023, 04:55 PM
Previous filing
Sep 6, 2022
Next filing
Sep 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LZB Common Shares Award $0 +3.89K $0.00 3.89K Aug 31, 2023 Direct F1
transaction LZB Common Shares Options Exercise +4.58K +117.79% 8.47K Sep 1, 2023 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 Restricted stock units Options Exercise $0 -4.58K -100% $0.00* 0 Sep 1, 2023 Common Shares 4.58K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 31, 2023, these restricted stock units were granted under the La-Z-Boy Incorporated 2022 Omnibus Incentive Plan, and each restricted stock unit is the economic equivalent of one share of LZB common stock. The restricted stock units will be settled in stock within 60 days following the vesting date, which is the one-year anniversary of the award date.
F2 Restricted stock units convert into common stock on a one-for-one basis.
F3 On September 1, 2022, these restricted stock units were granted under the La-Z-Boy Incorporated 2022 Omnibus Incentive Plan, and each restricted stock unit is the economic equivalent of one share of LZB common stock. The restricted stock units will be settled in stock within 60 days following the vesting date, which is the one-year anniversary of the award date.