TEMPELSMAN MAURICE 4
4 · LAZARE KAPLAN INTERNATIONAL INC · Filed Apr 28, 2009
Insider Transaction Report
Form 4
TEMPELSMAN MAURICE
DirectorChairman of the Board10% Owner
Transactions
- Other
Common Stock
2009-04-27−1,730,409→ 1,730,409 total(indirect: By Trust) - Other
Common Stock
2009-04-27+1,730,409→ 1,730,409 total
Holdings
- 1,528,416(indirect: By Partnership)
Common Stock
- 30,000
Stock Option (Right to Buy)
Exercise: $9.50Exp: 2013-08-25→ Common Stock (30,000 underlying) - 5,261
Common Stock
- 50,000
Stock Option (Right to Buy)
Exercise: $10.56Exp: 2010-04-12→ Common Stock (50,000 underlying)
Footnotes (3)
- [F1]On April 27, 2009, the Trustee of the three Grantor Retained Annuity Trusts for the reporting person distributed 1,730,409 shares from such trusts to the reporting person, who immediately contributed such shares to new Grantor Retained Annuity Trusts. After such distribution, the reporting person has three Grantor Retained Annuity Trusts. Each of which contain 576,803 shares of Common Stock previously held by three Grantor Retained Annuity Trusts for the benefit of the reporting person.
- [F2]The shares are owned by a partnership of which the reporting person is a general partner.
- [F3]Consists of Employee Stock Options granted under the Lazare Kaplan International Inc. Long Term Incentive Plan. 50,000 options granted April 12, 2005, fully exercisable; 30,000 options granted August 25, 2008, vesting in three installments on May 31, 2009, 2010, and 2011, respectively.