Kurt L. Darrow - 30 Dec 2021 Form 4 Insider Report for LA-Z-BOY INC (LZB)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
04 Jan 2022, 16:15:57 UTC
Prior SEC filing
20 Dec 2021
Next SEC filing
10 May 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Uzma Ahmad, Attorney-in-Fact

Key filing fact

Kurt L. Darrow filed Form 4 for LA-Z-BOY INC (LZB) on 04 Jan 2022.

Key facts

  • This page summarizes Kurt L. Darrow's Form 4 filing for LA-Z-BOY INC (LZB).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 04 Jan 2022, 16:15.

Change

  • Previous filing in this sequence was filed on 20 Dec 2021.
  • Current net transaction value: -$2,529,520.

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.

LZB transaction

Common Shares

Sale

Transaction value
$2,529,520
Shares
-70,000
Change %
-41%
Price
$36.14
Shares after
98,713
Date
30 Dec 2021
Ownership
Direct
Footnotes
F1, F2
LZB holding

Common Shares

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
24,260
Date
30 Dec 2021
Ownership
by Charitable Lead Trust
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.91 to $36.55, inclusive. The reporting person undertakes to provide issuer, any security holder of issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Footnote F2

The sales reported on this line of the Form 4 were effected pursuant to a pre-arranged stock trading plan adopted by the reporting person on July 2, 2021, in accordance with the guidelines specified under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. Under the plan, up to 350,000 of the shares of the company's common stock held by the reporting person may be sold in an orderly manner, subject to certain criteria in the plan, including minimum price levels.

Footnote F3

The reporting person is the trustee of the trust and holds a remainder interest in the trust. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

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