SPENCER LORI L 4

4 · LAMSON & SESSIONS CO · Filed Aug 6, 2004

Form 4

Period: 2004-04-30

Vice Pres. & Controller

Transactions

Award
Stock Option (Right to Buy Common Stock)
2004-04-30+12,000→ 12,000 total
Exercise: $6.47From: 2005-04-30Exp: 2014-04-30→ Common Stock (12,000 underlying)
Tax Payment
COMMON STOCK
2004-06-02$7.88/sh−1,383$10,898→ 3,020 total(indirect: See Footnote)
Tax Payment
COMMON STOCK
2004-06-02$7.88/sh−277$2,183→ 23,115 total

Holdings

Footnotes (4)

[F1]Total adjusted to reflect addition of 1,848 shares distributed to Reporting Person from the Trust under The Lamson & Sessions Co. Deferred Compensation Plan for Executive Officers (the "Trust") as of June 2, 2004. Total also includes 604 restricted shares (grant previously reported) vesting on February 18, 2006.
[F2]Balance held by the Trust as of June 2, 2004. Total adjusted to reflect distribution of 1,848 shares from the Trust to the Reporting Person, who now holds them directly.
[F3]Held under The Lamson & Sessions Co. Deferred Savings Plan (the "401(k) Plan"), exempt under Rule 16b-3(c). Total adjusted to reflect ongoing acquisitions under the 401(k) Plan since Reporting Person's last report.
[F4]Grant to Reporting Person of option to buy 12,000 shares of the Company's Common Stock, exercisable over three years as follows: one-third on April 30, 2005; one-third on April 30, 2006; and one-third on April 30, 2007, with number of shares vested in each year rounded to the nearest whole share.

Documents

1 file