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4//SEC Filing

TEMPELSMAN MAURICE 4

Accession 0000950117-08-001018

CIK 0000202375other

Filed

Aug 25, 8:00 PM ET

Accepted

Aug 26, 6:58 PM ET

Size

8.5 KB

Accession

0000950117-08-001018

Insider Transaction Report

Form 4
Period: 2008-08-25
TEMPELSMAN MAURICE
DirectorChairman of the Board10% Owner
Transactions
  • Award

    Stock Option (Right to Buy)

    2008-08-25$9.50/sh+30,000$285,000120,000 total
    Exercise: $9.50From: 2008-08-25Exp: 2013-08-25Common Stock (30,000 underlying)
Holdings
  • Common Stock

    (indirect: By Trust)
    1,730,409
  • Common Stock

    (indirect: By Partnership)
    1,528,416
  • Common Stock

    6,434
Footnotes (4)
  • [F1]On April 9, 2008, the reporting person created a Grantor Retained Annuity Trust, which contains 1,009,352 shares. The reporting person also has two other Grantor Retained Annuity Trusts which contain 71,679 shares and 649,378 shares of Common Stock, respectively. The shares contained in these three GRAT's were previously directly held by the reporting person.
  • [F2]The shares are owned by Leon Tempelsman & Son, a New York limited partnership of which each of Maurice Tempelsman and Leon Tempelsman are sole general partners.
  • [F3]Consists of Employee Stock Options granted under the Lazare Kaplan International Inc. Long Term Incentive Plan, subject to shareholder approval.
  • [F4]The options vest in three equal installments on 5/31/09, 5/31/10, and 5/31/11.

Issuer

LAZARE KAPLAN INTERNATIONAL INC

CIK 0000202375

Entity typeother

Related Parties

1
  • filerCIK 0000921663

Filing Metadata

Form type
4
Filed
Aug 25, 8:00 PM ET
Accepted
Aug 26, 6:58 PM ET
Size
8.5 KB