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LIFETIME BRANDS, INC — Director's Dealing 2015
Mar 20, 2015
34247_dirs_2015-03-20_bf132b1c-a6f9-4496-a97f-a8adfd4c8225.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: LIFETIME BRANDS, INC (LCUT)
CIK: 0000874396
Period of Report: 2015-03-18
Reporting Person: PHILLIPS CRAIG (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-03-18 | Common Stock | M | 5000 | $4.6 | Acquired | 661326 | Direct |
| 2015-03-18 | Common Stock | S | 5000 | $14.495 | Disposed | 656326 | Direct |
| 2015-03-18 | Common Stock | M | 3750 | $10.79 | Acquired | 660076 | Direct |
| 2015-03-18 | Common Stock | S | 3750 | $14.495 | Disposed | 656326 | Direct |
| 2015-03-18 | Common Stock | M | 3750 | $11.64 | Acquired | 660076 | Direct |
| 2015-03-18 | Common Stock | S | 3750 | $14.495 | Disposed | 656326 | Direct |
| 2015-03-18 | Common Stock | M | 2000 | $12.79 | Acquired | 658326 | Direct |
| 2015-03-18 | Common Stock | S | 2000 | $14.495 | Disposed | 656326 | Direct |
| 2015-03-18 | Common Stock | M | 5220 | $13.27 | Acquired | 661546 | Direct |
| 2015-03-18 | Common Stock | S | 5220 | $14.495 | Disposed | 656326 | Direct |
| 2015-03-19 | Common Stock | M | 2280 | $13.27 | Acquired | 658606 | Direct |
| 2015-03-19 | Common Stock | S | 2280 | $14.508 | Disposed | 656326 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-03-18 | Employee Stock Option (Right to buy) | $4.6 | M | 5000 | Disposed | 2018-11-09 | Common Stock (5000) | Direct |
| 2015-03-18 | Employee Stock Option (Right to buy) | $10.79 | M | 3750 | Disposed | 2021-06-15 | Common Stock (3750) | Direct |
| 2015-03-18 | Employee Stock Option (Right to buy) | $11.64 | M | 3750 | Disposed | 2022-04-30 | Common Stock (3750) | Direct |
| 2015-03-18 | Employee Stock Option (Right to buy) | $12.79 | M | 2000 | Disposed | 2023-05-06 | Common Stock (2000) | Direct |
| 2015-03-18 | Employee Stock Option (Right to buy) | $13.27 | M | 5220 | Disposed | 2020-05-06 | Common Stock (5220) | Direct |
| 2015-03-19 | Employee Stock Option (Right to buy) | $13.27 | M | 2280 | Disposed | 2020-05-06 | Common Stock (2280) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 28278 | Indirect |
Footnotes
F1: Shares are held in an irrevocable trust of which Craig Phillips is a beneficiary. Prior Forms 4 inadvertently identified the reporting person as the sole beneficiary of such trust.
F2: The options vested and became exercisable in four equal installments on each of November 10, 2009, 2010, 2011 and 2012.
F3: The options vested and became exercisable in three equal installments on each of June 16, 2012, 2013, and 2014. The remainder of the unvested options included within such award terminated upon Craig Phillips' resignation as an employee.
F4: The options vested and became exercisable in two equal installments on each of May 1, 2013 and 2014. The remainder of the unvested options included within such award terminated upon Craig Phillips' resignation as an employee.
F5: The options vested and became exercisable in one installment on May 7, 2014. The remainder of the unvested options included within such award terminated upon Craig Phillips' resignation as an employee.
F6: The options are part of a grant of 7,500 options, which vested and became exercisable in four equal installments on each of May 7, 2011, 2012, 2013 and 2014.