Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LCUT | Common Stock | Award | $0 | +6.99K | +22.85% | $0.00 | 37.6K | Jun 23, 2022 | Direct | F1, F2 |
holding | LCUT | Common Stock | 5.99M | Jun 23, 2022 | See Footnote 2 | F3 |
Id | Content |
---|---|
F1 | The restricted stock was granted on June 23, 2022, pursuant to the Company's Amended and Restated 2000 Long-Term Incentive Plan and vest on the first anniversary of the date of grant. |
F2 | The common stock was issued for no consideration as part of director compensation. |
F3 | Represents shares held by Taylor Parent, LLC ("Taylor Parent"). CP Taylor GP, LLC ("CP Taylor") has the authority to appoint the board of directors of Taylor Parent. Centre Partners V, L.P. ("Centre Partners LP") is the sole member of CP Taylor. Centre Partners V LLC ("Centre Partners") is the general partner of Centre Partners LP. JRJ V L.P. ("JRJ LP") is a co-manager of Centre Partners. JRJ, Inc. ("JRJ") is the general partner of JRJ LP. The reporting person is the president of JRJ. As such, the reporting person may be deemed to beneficially own the shares of common stock owned directly by Taylor Parent. The reporting person disclaims beneficial ownership of such shares, and this report may not be deemed an admission that either the reporting person is the beneficial owner of the shares for purposes of Section 16 or for any other purpose, except to the extent of his pecuniary interest therein. |