LENNOX INTERNATIONAL INC 4
4 · LENNOX INTERNATIONAL INC · Filed Oct 2, 2015
Insider Transaction Report
Form 4
THOMPSON RICHARD L
Director
Transactions
- Other
Forward sale contract (obligation to sell)
2015-10-01$113.32/sh+45,000$5,099,589→ 45,000 total(indirect: By Trust)Exercise: $113.32From: 2017-01-17Exp: 2017-01-17→ Common Stock, Par Value $0.01 Per Share (45,000 underlying) - Other
Forward sale contract (obligation to sell)
2015-10-01$113.32/sh+45,000$5,099,589→ 45,000 total(indirect: By Trust)Exercise: $113.32From: 2016-10-03Exp: 2016-10-03→ Common Stock, Par Value $0.01 Per Share (45,000 underlying)
Footnotes (1)
- [F1]On October 1, 2015, the reporting person's family trust entered into a prepaid variable forward sale contract with an unaffiliated third party buyer. The contract obligates the reporting person's family trust to deliver to the buyer up to 90,000 shares of Lennox International Inc. common stock (or, at the reporting person's family trust election, an equivalent amount of cash based on the market price of Lennox International common stock at that time) on the maturity date of the contract.