Joseph William Reitmeier - 03 Nov 2023 Form 4 Insider Report for LENNOX INTERNATIONAL INC (LII)

Signature
/s/ Monica M. Brown, attorney-in-fact for Joseph W. Reitmeier
Issuer symbol
LII
Transactions as of
03 Nov 2023
Net transactions value
-$4,842,337
Form type
4
Filing time
06 Nov 2023, 15:53:41 UTC
Previous filing
31 Jul 2023
Next filing
12 Dec 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 +36% $156.94 32,663 03 Nov 2023 Direct
transaction LII Common Stock, Par Value $0.01 Per Share Options Exercise $1,350,949 +6,573 +20% $205.53 39,236 03 Nov 2023 Direct
transaction LII Common Stock, Par Value $0.01 Per Share Options Exercise $1,159,861 +5,404 +14% $214.63 44,640 03 Nov 2023 Direct
transaction LII Common Stock, Par Value $0.01 Per Share Options Exercise $1,300,311 +5,058 +11% $257.08 49,698 03 Nov 2023 Direct
transaction LII Common Stock, Par Value $0.01 Per Share Disposed to Issuer $1,560,814 -4,025 -8.1% $387.78 45,673 03 Nov 2023 Direct
transaction LII Common Stock, Par Value $0.01 Per Share Disposed to Issuer $1,528,241 -3,941 -8.6% $387.78 41,732 03 Nov 2023 Direct
transaction LII Common Stock, Par Value $0.01 Per Share Disposed to Issuer $1,822,566 -4,700 -11% $387.78 37,032 03 Nov 2023 Direct
transaction LII Common Stock, Par Value $0.01 Per Share Disposed to Issuer $2,135,504 -5,507 -15% $387.78 31,525 03 Nov 2023 Direct
transaction LII Common Stock, Par Value $0.01 Per Share Sale $2,968,099 -7,539 -24% $393.70 23,986 03 Nov 2023 Direct F1

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 -5,404 -100% $0.000000* 0 03 Nov 2023 Common Stock, Par Value $0.01 Per Share 5,404 $214.63 Direct F2
transaction LII Non-qualified Stock Appreciation Right Options Exercise $0 -6,573 -100% $0.000000* 0 03 Nov 2023 Common Stock, Par Value $0.01 Per Share 6,573 $205.53 Direct F3
transaction LII Non-qualified Stock Appreciation Right Options Exercise $0 -8,677 -100% $0.000000* 0 03 Nov 2023 Common Stock, Par Value $0.01 Per Share 8,677 $156.94 Direct F4
transaction LII Non-qualified Stock Appreciation Right Options Exercise $0 -5,058 -100% $0.000000* 0 03 Nov 2023 Common Stock, Par Value $0.01 Per Share 5,058 $257.08 Direct F5
* 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 $393.699387 at prices ranging from $393.670 to $394.510 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 12/07/2019 and each year thereafter. The entire grant became fully exercisable on 12/07/2021.
F3 One third of the Stock Appreciation Rights became exercisable on 12/8/2018 and each year thereafter. The entire grant became fully exercisable on 12/8/2020.
F4 One third of the Stock Appreciation Rights became exercisable on 12/9/2017 and each year thereafter. The entire grant became fully exercisable on 12/9/2019.
F5 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.