Manuel A. Fernandez - 15 Dec 2023 Form 4 Insider Report for LEGGETT & PLATT INC (LEG)

Role
Director
Signature
/s/ S. Scott Luton, attorney-in-fact
Issuer symbol
LEG
Transactions as of
15 Dec 2023
Net transactions value
+$57,501
Form type
4
Filing time
18 Dec 2023, 16:12:03 UTC
Previous filing
04 Dec 2023
Next filing
16 Jan 2024

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 LEG Stock Options (Right to Buy) Award $57,501 +10,911 $5.27 10,911 15 Dec 2023 Common Stock 10,911 $26.35 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects an option under the Issuer's Deferred Compensation Program exempt under Rule 16b-3. The Reporting Person elected to receive option shares in lieu of 2024 director cash compensation (in the amount of $57,500) which is fixed and determinable on the grant date only conditioned upon the passage of time and continued directorship through his current term. If the Reporting Person is re-elected as a director at the annual shareholder meeting, he will amend this Form 4 reporting additional shares under the option within 2 business days of re-election.