LINDSAY CORP — Director's Dealing 2020

Jan 14, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LINDSAY CORP (LNN)
CIK: 0000836157
Period of Report: 2020-01-13

Reporting Person: Wood Randy A (President - Irrigation)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-01-13	Common Stock	M	2152	$67.68	Acquired	11655	Direct
2020-01-13	Common Stock	M	1229	$83.53	Acquired	12884	Direct
2020-01-13	Common Stock	M	907	$76.37	Acquired	13791	Direct
2020-01-13	Common Stock	M	681	$75.68	Acquired	14472	Direct
2020-01-13	Common Stock	M	880	$58.10	Acquired	15352	Direct
2020-01-13	Common Stock	S	4504	$109.06	Disposed	10848	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-01-13	Option to Purchase	$67.68	M	2152	Disposed	2025-10-23	Common Stock (2152)	Direct
2020-01-13	Option to Purchase	$83.53	M	1229	Disposed	2024-10-24	Common Stock (1229)	Direct
2020-01-13	Option to Purchase	$76.37	M	907	Disposed	2023-10-25	Common Stock (907)	Direct
2020-01-13	Option to Purchase	$75.68	M	681	Disposed	2022-10-24	Common Stock (681)	Direct
2020-01-13	Option to Purchase	$58.10	M	880	Disposed	2021-10-31	Common Stock (880)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option to Purchase	$94.41	2029-10-31	Common Stock (3825)	3825	Direct
Option to Purchase	$91.82	2028-10-22	Common Stock (3743)	3743	Direct
Option to Purchase	$91.56	2027-10-31	Common Stock (3840)	3840	Direct
Option to Purchase	$78.23	2026-10-21	Common Stock (3809)	3809	Direct

Footnotes

F1: Includes common stock in the form of restricted stock units.

F2: The transaction was a sell-to-cover exercise, with shares sold to cover the option exercise prices and related taxes. The reporting person retained all remaining shares.

F3: The price reported is the average trading price of the shares sold. The shares were sold in multiple transactions at prices ranging from $108.72 to $109.57, inclusive. Upon request, the reporting person undertakes to provide to the staff of the Securities and Exchange Commission, the issuer, or any security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F4: The option vested in four equal annual installments, which began on November 1, 2016.

F5: The option vested in four equal annual installments, which began on November 1, 2015.

F6: The option vested in four equal annual installments, which began on November 1, 2014.

F7: The option vested in four equal annual installments, which began on November 1, 2013.

F8: The option vested in four equal annual installments, which began on November 1, 2012.

F9: The option vests in three equal annual installments beginning on November 1, 2020.

F10: The option vests in three equal annual installments, which began on November 1, 2019.

F11: The option vests in four equal annual installments, which began on November 1, 2018.

F12: The option vests in four equal annual installments, which began on November 1, 2017.