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LINDSAY CORP — Director's Dealing 2008
Jul 17, 2008
31903_dirs_2008-07-17_3e3572c0-d3a9-42ff-8925-79edf96b20a7.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: LINDSAY CORP (LNN)
CIK: 0000836157
Period of Report: 2008-07-15
Reporting Person: PAROD RICK (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2008-07-15 | Common Stock | M | 70000 | $14.0000 | Acquired | 107339.00 | Direct |
| 2008-07-15 | Common Stock | S | 40000 | $75.0316 | Disposed | 67339.00 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2008-07-15 | Option to Purchase | $14.0000 | M | 70000 | Disposed | 2010-04-05 | Common Stock (70000.00) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Option to Purchase | $14.0000 | 2010-04-05 | Common Stock (50000.00) | 50000.00 | Direct |
| Option to Purchase | $21.5200 | 2013-04-24 | Common Stock (45000.00) | 45000.00 | Direct |
| Option to Purchase | $25.7700 | 2014-04-22 | Common Stock (45000.00) | 45000.00 | Direct |
| Option to Purchase | $24.2900 | 2015-08-15 | Common Stock (22500.00) | 22500.00 | Direct |
| Option to Purchase | $19.3300 | 2015-11-08 | Common Stock (22500.00) | 22500.00 | Direct |
Footnotes
F1: The exercise of 40,000 options and the sale of 40,000 shares of common stock were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 13, 2008. The acquisition of the other 30,000 shares of common stock was done pursuant to the exercise of 30,000 options for which the reporting person paid the exercise price, and he now owns those shares.
F2: Includes common stock in the form of restricted stock units.
F3: The actual sale prices range from $73.35 to $76.46.
F4: The option vests in five equal annual installments beginning on April 5, 2001.
F5: These options to purchase common stock are exercisable on or after the first day following the completion of a period of twenty (20) consecutive business days on which the fair market value exceeds $40.00 per share - but only if such period is completed prior to 4/5/05 - alternatively, these options to purchase common stock are exercisable on or after 4/5/09.
F6: The option vests in five equal annual installments beginning on April 24, 2004.
F7: The option vests in five equal annual installments beginning on April 22, 2005.
F8: The option vests in five equal annual installments beginning on August 15, 2006.
F9: The option vests in five equal annual installments beginning on November 8, 2006.