Alexander Erika L. 4
4 · LA-Z-BOY INC · Filed Sep 5, 2023
Insider Transaction Report
Form 4
LA-Z-BOY INCLZB
Alexander Erika L.
Director
Transactions
- Award
Common Shares
2023-08-31+3,890→ 3,890 total - Exercise/Conversion
Common Shares
2023-09-01+4,582→ 8,472 total - Exercise/Conversion
Restricted stock units
2023-09-01−4,582→ 0 total→ Common Shares (4,582 underlying)
Footnotes (3)
- [F1]On August 31, 2023, these restricted stock units were granted under the La-Z-Boy Incorporated 2022 Omnibus Incentive Plan, and each restricted stock unit is the economic equivalent of one share of LZB common stock. The restricted stock units will be settled in stock within 60 days following the vesting date, which is the one-year anniversary of the award date.
- [F2]Restricted stock units convert into common stock on a one-for-one basis.
- [F3]On September 1, 2022, these restricted stock units were granted under the La-Z-Boy Incorporated 2022 Omnibus Incentive Plan, and each restricted stock unit is the economic equivalent of one share of LZB common stock. The restricted stock units will be settled in stock within 60 days following the vesting date, which is the one-year anniversary of the award date.