Melissa Rewolinski - Sep 9, 2021 Form 4 Insider Report for LANNETT CO INC (LCI)

Role: Director
Signature: /s/ Samuel Israel Limited Power of Attorney For: Melissa Rewolinski
Stock symbol: LCI
Transactions as of: Sep 9, 2021
Transactions value $: -$80,581
Form type: 4
Date filed: 9/13/2021, 04:09 PM
Previous filing: Sep 2, 2021
Next filing: Sep 15, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LCI	Common Stock	Sale	-$80.6K	-25.3K	-28.98%	$3.18^*	62.1K	Sep 9, 2021	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The sale reported on this Form 4 was made to fund tax obligations associated with previous awards of restricted stock.
F2	The price reported is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $3.15 to $3.24. The reporting person undertakes to provide to Lannett Company, Inc., any security holder of Lannett Company, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price.

Content

The sale reported on this Form 4 was made to fund tax obligations associated with previous awards of restricted stock.

The price reported is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $3.15 to $3.24. The reporting person undertakes to provide to Lannett Company, Inc., any security holder of Lannett Company, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price.