LA-Z-BOY INC — Director's Dealing 2012

Mar 22, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LA-Z-BOY INC (LZB)
CIK: 0000057131
Period of Report: 2012-03-20

Reporting Person: DARROW KURT L (Director, Chairman, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-03-20	Common Shares	M	4400	$4.37	Acquired	292819	Direct
2012-03-20	Common Shares	S	4400	$14.7596	Disposed	288419	Direct
2012-03-21	Common Shares	M	23100	$4.37	Acquired	311519	Direct
2012-03-21	Common Shares	S	23100	$14.7946	Disposed	288419	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-03-20	Stock Option (right to buy)	$4.37	M	4400	Disposed	2014-07-08	Common Shares (4400)	Direct
2012-03-21	Stock Option (right to buy)	$4.37	M	23100	Disposed	2014-07-08	Common Shares (23100)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	2739	Indirect

Footnotes

F1: These were granted under the 2004 Long-Term Equity Award Plan and become exercisable in four equal annual installments beginning on the date shown in the Date Exercisable column.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.75 to $14.81, inclusive. The reporting person undertakes to provide to 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 ranges set forth in footnotes (2) and (3).

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.75 to $14.88, inclusive.