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Signature
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/s/ Thomas H. Watson by power of attorney for Ann E. Berman
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Issuer symbol
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L
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Transactions as of
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01 Jun 2023
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Net transactions value
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-$26,649
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Form type
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4
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Filing time
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02 Jun 2023, 16:48:41 UTC
Transactions Table
| Type |
Sym |
Class |
Transaction |
Value $ |
Shares |
Change % |
* Price $ |
Shares After |
Date |
Ownership |
Footnotes |
| transaction |
L |
Common Stock |
Options Exercise |
$99,990 |
+2,250 |
+68% |
$44.44 |
5,542 |
01 Jun 2023 |
Direct |
F1 |
| transaction |
L |
Common Stock |
Disposed to Issuer |
$99,953 |
-1,776 |
-32% |
$56.28 |
3,766 |
01 Jun 2023 |
Direct |
F1 |
| transaction |
L |
Common Stock |
Sale |
$26,686 |
-474 |
-13% |
$56.30 |
3,292 |
01 Jun 2023 |
Direct |
F1, 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 |
L |
Stock Appreciation Right |
Options Exercise |
$0 |
-2,250 |
-100% |
$0.000000* |
0 |
01 Jun 2023 |
Common Stock |
2,250 |
$44.44 |
Direct |
F1, F3 |
* An asterisk sign (*) next to the price indicates that the price is likely invalid.
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Explanation of Responses: