Michael Jared Smith - 29 Jul 2022 Form 4 Insider Report for Lamb Weston Holdings, Inc. (LW)

Reporting relationship: SENIOR VICE PRESIDENT
Issuer ticker: LW
Reported as of: 29 Jul 2022
Net transaction value: -$240,414
SEC form: 4
Accepted by SEC: 02 Aug 2022, 17:34:58 UTC
Prior SEC filing: 22 Jul 2022
Next SEC filing: 09 Jan 2023
Source filing: View source filing
Reporting owner signature: /s/ Eryk J. Spytek, Attorney-in-Fact

Key filing fact

Michael Jared Smith filed Form 4 for Lamb Weston Holdings, Inc. (LW) on 02 Aug 2022.

Key facts

This page summarizes Michael Jared Smith's Form 4 filing for Lamb Weston Holdings, Inc. (LW).
4 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 02 Aug 2022, 17:34.

Change

Previous filing in this sequence was filed on 22 Jul 2022.
Current net transaction value: -$240,414.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LW transaction

Common Stock

Award

Transaction value: $0
Shares: +6,778
Change %: +8.2%
Price: $0.000000
Shares after: 89,066
Date: 29 Jul 2022
Ownership: Direct
Footnotes: F1

LW transaction

Common Stock

Tax liability

Transaction value: $240,414
Shares: -3,018
Change %: -3.4%
Price: $79.66
Shares after: 86,048
Date: 30 Jul 2022
Ownership: Direct
Footnotes: F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

LW transaction Derivative

Employee Stock Option (Right to Buy)

Award

Transaction value: $0
Shares: +52,123
Change %
Price: $0.000000
Shares after: 52,123
Date: 29 Jul 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 52,123
Exercise price: $79.66
Footnotes: F3

LW transaction Derivative

Performance Shares

Award

Transaction value: $0
Shares: +14,765
Change %
Price: $0.000000
Shares after: 14,765
Date: 29 Jul 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 14,765
Exercise price: $0.000000
Footnotes: F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Represents restricted stock units ("RSUs") that vest 33%, 33% and 34%, respectively, on each of the first three anniversaries of the date of grant,or earlier upon certain events. Each RSU represents a contingent right to receive one share of Lamb Weston Holdings, Inc. common stock upon settlement.

Footnote F2

Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of RSUs.

Footnote F3

The stock options will become exercisable as to 33%, 33% and 34%, respectively, on each of the first three anniversaries of the date of grant.

Footnote F4

Represents a performance share award that may be earned based on the increase in Lamb Weston Holding, Inc.'s stock price from the date of grant to the end of a three-year performance period ending May 25, 2025 above certain targeted levels. Each performance share represents a contingent right to receive one share of Lamb Weston Holdings, Inc. common stock upon settlement. The performance shares are shown at the target level, and the actual amount earned after completion of the performance period may range from 0% (for stock price appreciation of less than 25%) to 100% of the target level (for stock price appreciation equal to 50%) and up to 300% of the target level (for stock price appreciation equal to or greater than 75%), subject to an overall payment value limit equal to eight times the grant value of the award.