LA-Z-BOY INC — Director's Dealing 2020

Nov 12, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LA-Z-BOY INC (LZB)
CIK: 0000057131
Period of Report: 2020-11-09

Reporting Person: Edwards Darrell Dewain (Senior Vice President and COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-09	Common Shares	M	8390	$27.25	Acquired	59324	Direct
2020-11-09	Common Shares	S	8390	$37.1228	Disposed	50934	Direct
2020-11-09	Common Shares	M	7035	$25.99	Acquired	57969	Direct
2020-11-09	Common Shares	S	7035	$37.146	Disposed	50934	Direct
2020-11-09	Common Shares	M	7515	$26.69	Acquired	58449	Direct
2020-11-09	Common Shares	S	7515	$37.1406	Disposed	50934	Direct
2020-11-09	Common Shares	M	7849	$23.63	Acquired	58783	Direct
2020-11-09	Common Shares	S	7849	$37.1341	Disposed	50934	Direct
2020-11-11	Common Shares	M	22705	$27.25	Acquired	73639	Direct
2020-11-11	Common Shares	S	22705	$37	Disposed	50934	Direct
2020-11-11	Common Shares	M	19561	$25.99	Acquired	70495	Direct
2020-11-11	Common Shares	S	19561	$37	Disposed	50934	Direct
2020-11-11	Common Shares	M	12970	$26.69	Acquired	63904	Direct
2020-11-11	Common Shares	S	12970	$37	Disposed	50934	Direct
2020-11-11	Common Shares	M	10094	$23.63	Acquired	61028	Direct
2020-11-11	Common Shares	S	10094	$37	Disposed	50934	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-11-09	Stock Options (right to buy)	$27.25	M	8390	Disposed	2027-06-19	Common Shares (8390.0)	Direct
2020-11-09	Stock Options (right to buy)	$25.99	M	7035	Disposed	2026-06-20	Common Shares (7035.0)	Direct
2020-11-09	Stock Options (right to buy)	$26.69	M	7515	Disposed	2025-06-15	Common Shares (7515.0)	Direct
2020-11-09	Stock Options (right to buy)	$23.63	M	7849	Disposed	2024-06-16	Common Shares (7849.0)	Direct
2020-11-11	Stock Options (right to buy)	$27.25	M	22705	Disposed	2027-06-19	Common Shares (22705.0)	Direct
2020-11-11	Stock Options (right to buy)	$25.99	M	19561	Disposed	2026-06-20	Common Shares (19561.0)	Direct
2020-11-11	Stock Options (right to buy)	$26.69	M	12970	Disposed	2025-06-15	Common Shares (12970.0)	Direct
2020-11-11	Stock Options (right to buy)	$23.63	M	10094	Disposed	2024-06-16	Common Shares (10094.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	219	Indirect

Footnotes

F1: The option exercise or sale reported on this line of this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 25, 2020.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.00 to $37.89, 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 ranges set forth in this footnote.

F3: These options were granted under the La-Z-Boy Incorporated 2010 Omnibus Incentive Plan and become exercisable in four equal annual installments beginning on the date shown in the Date Exercisable column.