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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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Stock symbol
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L
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Transactions as of
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Dec 1, 2023
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Transactions value $
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-$50,097
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Form type
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4
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Date filed
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12/4/2023, 04:16 PM
Transactions Table
Type |
Sym |
Class |
Transaction |
Value $ |
Shares |
Change % |
* Price $ |
Shares After |
Date |
Ownership |
Footnotes |
transaction |
L |
Common Stock |
Options Exercise |
$108K |
+2.25K |
+68.35% |
$47.84 |
5.54K |
Dec 1, 2023 |
Direct |
F1 |
transaction |
L |
Common Stock |
Disposed to Issuer |
-$108K |
-1.54K |
-27.7% |
$70.08 |
4.01K |
Dec 1, 2023 |
Direct |
F1 |
transaction |
L |
Common Stock |
Sale |
-$50.2K |
-715 |
-17.84% |
$70.16 |
3.29K |
Dec 1, 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 |
-2.25K |
-100% |
$0.00* |
0 |
Dec 1, 2023 |
Common Stock |
2.25K |
$47.84 |
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: