4//SEC Filing
LESCO INC/OH 4
Accession 0001209191-05-026755
CIK 0000745394operating
Filed
May 17, 8:00 PM ET
Accepted
May 18, 5:04 PM ET
Size
10.3 KB
Accession
0001209191-05-026755
Insider Transaction Report
Form 4
LESCO INC/OHLSCO
COCHRAN STEVEN E
Other
Transactions
- Other
Employee Stock Option (Right to Buy)
2005-05-16$3.21/sh−5,000$16,060Exercise: $11.45From: 2002-12-31Exp: 2012-06-03→ Common Shares (5,000 underlying) - Other
Employee Stock Option (Right to Buy)
2005-05-16$3.21/sh−45,000$144,540Exercise: $11.45Exp: 2012-06-03→ Common Shares (45,000 underlying) - Other
Employee Stock Option (Right to Buy)
2005-05-16$1.26/sh−10,000$12,570Exercise: $13.40Exp: 2012-12-18→ Common Shares (10,000 underlying)
Footnotes (3)
- [F1]The options were forfeited by mutual agreement of the reporting person and LESCO, Inc. in connection with termination of the reporting person's employment. The reporting person received in the aggregate $164,511.50 in consideration of that forfeiture. The consideration represents the difference between the average selling price of LESCO, Inc.'s common shares between April 10 and May 10, 2005 and the exercise price of each option.
- [F2]The option became exerciseable in three equal annual installments beginning December 31, 2002.
- [F3]The aggregate option related to 15,000 shares. The option becomes exercisable in three equal annual installments beginning December 31, 2003. The 5,000 unvested shares also were forfeited.
Documents
Issuer
LESCO INC/OH
CIK 0000745394
Entity typeoperating
IncorporatedOH
Related Parties
1- filerCIK 0000745394
Filing Metadata
- Form type
- 4
- Filed
- May 17, 8:00 PM ET
- Accepted
- May 18, 5:04 PM ET
- Size
- 10.3 KB