Jai Shah - 15 Dec 2020 Form 4/A - Amendment 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 2020
Net transactions value
+$106,522
Form type
4/A - Amendment
Filing time
25 May 2021, 14:25:03 UTC
Date Of Original Report
16 Dec 2020
Next filing
26 May 2021

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 $106,522 +12,865 $8.28 12,865 15 Dec 2020 Common Stock 12,865 $41.39 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 2021 director cash compensation. The Form 4 filed on 12/16/2020 reported the grant of 6,342 option shares in lieu of $52,500 of his foregone director cash compensation which was fixed and determinable on the grant date only conditioned upon the passage of time and continued directorship through his current term. This Form 4 Amendment reports an additional 6,523 option shares granted in lieu of $54,000 of his foregone director cash compensation upon re-election as a director at the 5/25/2021 annual shareholder meeting. Such additional option shares became fixed and determinable on 5/25/2021, only conditioned on the passage of time and continued directorship.