Daniel M. Sessa - 11 May 2023 Form 4 Insider Report for LENNOX INTERNATIONAL INC (LII)

Signature
/s/ Monica M. Brown, attorney-in-fact for Daniel M. Sessa
Issuer symbol
LII
Transactions as of
11 May 2023
Net transactions value
-$1,139,310
Form type
4
Filing time
12 May 2023, 16:19:04 UTC
Previous filing
17 Mar 2023
Next filing
31 Oct 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LII Common Stock, Par Value $0.01 Per Share Options Exercise $1,361,768 +8,677 +20% $156.94 52,933 11 May 2023 Direct
transaction LII Common Stock, Par Value $0.01 Per Share Disposed to Issuer $1,804,181 -6,258 -12% $288.30 46,675 11 May 2023 Direct
transaction LII Common Stock, Par Value $0.01 Per Share Sale $696,897 -2,419 -5.2% $288.09 44,256 11 May 2023 Direct F1
transaction LII Common Stock, Par Value $0.01 Per Share Gift $0 -1,761 -4% $0.000000 42,495 11 May 2023 Direct

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 LII Non-qualified Stock Appreciation Right Options Exercise $0 -8,677 -100% $0.000000* 0 11 May 2023 Common Stock, Par Value $0.01 Per Share 8,677 $156.94 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects a weighted average sale price of $288.0929 at prices ranging from $287.980 to $288.455 per share. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F2 One third of the Stock Appreciation Rights became exercisable on 12/09/2017 and each year thereafter. The entire grant became fully exercisable on 12/09/2019.