LAZARE KAPLAN INTERNATIONAL INC 4
4 · LAZARE KAPLAN INTERNATIONAL INC · Filed Sep 10, 2013
Insider Transaction Report
Form 4
TEMPELSMAN LEON
DirectorVice Chairman of the Board10% OwnerOther
Transactions
- Sale
Common Stock
2013-09-06$1.40/sh−625,000$875,000→ 625,000 total
Holdings
- 97,957
Common Stock
- 46,166(indirect: By Trust)
Common Stock
- 2,240(indirect: By Spouse)
Common Stock
- 2,145,409
Common Stock
- 1,528,416(indirect: By Partnership)
Common Stock
- 34,641(indirect: By Children)
Common Stock
Footnotes (3)
- [F1]The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- [F2]The shares are owned by Leon Tempelsman & Son, a New York limited partnership of which Leon Tempelsman is a general partner.
- [F3]On September 6, 2013, the reporting person granted to the Issuer an option to repurchase the Shares for a price of $1.40 per share (for an aggregate consideration of $875,000). Such option may be exercised by the Issuer by written notice to the reporting person and such option if not exercised by the Issuer shall expire automatically at the close of business on February 28, 2014.