Joseph William Reitmeier - 28 Feb 2024 Form 4 Insider Report for LENNOX INTERNATIONAL INC (LII)

Role
EVP
Signature
/s/ Monica M. Brown, attorney-in-fact for Joseph W. Reitmeier
Issuer symbol
LII
Transactions as of
28 Feb 2024
Net transactions value
-$1,259,884
Form type
4
Filing time
01 Mar 2024, 17:25:42 UTC
Previous filing
12 Dec 2023
Next filing
05 Aug 2024

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 $926,852 +3,334 +14% $278.00 27,867 28 Feb 2024 Direct
transaction LII Common Stock, Par Value $0.01 Per Share Options Exercise $670,117 +2,039 +7.3% $328.65 29,906 28 Feb 2024 Direct
transaction LII Common Stock, Par Value $0.01 Per Share Options Exercise $390,378 +1,504 +5% $259.56 31,410 28 Feb 2024 Direct
transaction LII Common Stock, Par Value $0.01 Per Share Disposed to Issuer $2,337,284 -4,947 -16% $472.46 26,463 28 Feb 2024 Direct
transaction LII Common Stock, Par Value $0.01 Per Share Sale $909,947 -1,930 -7.3% $471.48 24,533 28 Feb 2024 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 -3,334 -100% $0.000000* 0 28 Feb 2024 Common Stock, Par Value $0.01 Per Share 3,334 $278.00 Direct F1
transaction LII Non-qualified Stock Appreciation Right Options Exercise $0 -2,039 -67% $0.000000 1,020 28 Feb 2024 Common Stock, Par Value $0.01 Per Share 2,039 $328.65 Direct F2
transaction LII Non-qualified Stock Appreciation Right Options Exercise $0 -1,504 -33% $0.000000 3,010 28 Feb 2024 Common Stock, Par Value $0.01 Per Share 1,504 $259.56 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Joseph William Reitmeier is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 One third of the Stock Appreciation Rights became exercisable on 12/11/2021 and each year thereafter. The entire grant became fully exercisable on 12/11/2023.
F2 One third of the Stock Appreciation Rights became exercisable on 12/10/2022 and each year thereafter. The entire grant will become fully exercisable on 12/10/2024.
F3 One third of the Stock Appreciation Rights became exercisable on 12/09/2023 and each year thereafter. The entire grant will become fully exercisable on 12/09/2025.