John Torres - Oct 30, 2023 Form 4 Insider Report for LENNOX INTERNATIONAL INC (LII)

Signature
/s/ Monica Brown, attorney-in-fact for John Torres
Stock symbol
LII
Transactions as of
Oct 30, 2023
Transactions value $
-$1,308,870
Form type
4
Date filed
10/31/2023, 04:57 PM
Previous filing
May 15, 2023
Next filing
Dec 12, 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 $1.16M +5.4K +77.1% $214.63 12.4K Oct 30, 2023 Direct
transaction LII Common Stock, Par Value $0.01 Per Share Options Exercise $1.3M +5.06K +40.75% $257.08 17.5K Oct 30, 2023 Direct
transaction LII Common Stock, Par Value $0.01 Per Share Disposed to Issuer -$1.45M -4.03K -23.08% $360.50 13.4K Oct 30, 2023 Direct
transaction LII Common Stock, Par Value $0.01 Per Share Disposed to Issuer -$1.51M -4.18K -31.09% $360.59 9.26K Oct 30, 2023 Direct
transaction LII Common Stock, Par Value $0.01 Per Share Sale -$809K -2.25K -24.31% $359.24 7.01K Oct 30, 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 -5.4K -100% $0.00* 0 Oct 30, 2023 Common Stock, Par Value $0.01 Per Share 5.4K $214.63 Direct F1
transaction LII Non-qualified Stock Appreciation Right Options Exercise $0 -5.06K -100% $0.00* 0 Oct 30, 2023 Common Stock, Par Value $0.01 Per Share 5.06K $257.08 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 One third of the Stock Appreciation Rights became exercisable on 12/07/2019 and each year thereafter. The entire grant became fully exercisable on 12/07/2021.
F2 One third of the Stock Appreciation Rights became exercisable on 12/13/2020 and each year thereafter. The entire grant became fully exercisable on 12/13/2022.