Statement of Changes in Beneficial Ownership (4)
09 November 2021 - 09:01AM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL
OWNERSHIP OF SECURITIES
|
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APPROVAL
OMB Number: 3235-0287
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Filed pursuant to Section 16(a) of the
Securities Exchange Act of 1934 or Section 30(h) of the Investment
Company Act of 1940
|
|
1. Name
and Address of Reporting Person * DARROW
KURT L |
2. Issuer Name and Ticker or Trading
Symbol LA-Z-BOY INC [ LZB ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)__X__
Director _____
10% Owner
_____ Officer (give title
below) _____ Other
(specify below)
|
(Last)
(First)
(Middle)
ONE LA-Z-BOY DRIVE |
3. Date of Earliest Transaction (MM/DD/YYYY)
11/4/2021
|
(Street)
MONROE, MI 48162
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line) _X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person |
Table I - Non-Derivative Securities Acquired, Disposed of, or
Beneficially Owned
|
1.Title of Security
(Instr. 3) |
2. Trans. Date |
2A. Deemed Execution Date, if any |
3. Trans. Code
(Instr. 8) |
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) |
5. Amount of Securities Beneficially Owned Following
Reported Transaction(s)
(Instr. 3 and 4) |
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4) |
7. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
Amount |
(A) or (D) |
Price |
Common Shares |
11/4/2021 |
|
S |
|
22000 |
D |
$35.1556 (1) |
363682 (2) |
D |
|
Common Shares |
11/5/2021 |
|
S |
|
53124 |
D |
$35.5712 (3) |
310558 (2) |
D |
|
Common Shares |
|
|
|
|
|
|
|
25810 |
I |
by Charitable Lead Trust (4) |
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible
securities)
|
1. Title of Derivate Security
(Instr. 3) |
2. Conversion or Exercise Price of Derivative
Security |
3. Trans. Date |
3A. Deemed Execution Date, if any |
4. Trans. Code
(Instr. 8) |
5. Number of Derivative Securities Acquired (A) or
Disposed of (D)
(Instr. 3, 4 and 5) |
6. Date Exercisable and Expiration Date |
7. Title and Amount of Securities Underlying
Derivative Security
(Instr. 3 and 4) |
8. Price of Derivative Security
(Instr. 5) |
9. Number of derivative Securities Beneficially
Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct
(D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
(A) |
(D) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Explanation of
Responses: |
(1) |
The price reported in Column
4 is a weighted average price. These shares were sold in multiple
transactions at prices ranging from $35.00 to $35.59, inclusive.
The reporting person undertakes to provide issuer, any security
holder of issuer, or the staff of the Securities and Exchange
Commission, upon request, full information regarding the number of
shares sold at each separate price within the ranges set forth in
footnotes 1 and 3. |
(2) |
The sales reported on this
line of the Form 4 were effected pursuant to a pre-arranged stock
trading plan adopted by the reporting person on July 2, 2021, in
accordance with the guidelines specified under Rule 10b5-1 of the
Securities Exchange Act of 1934, as amended. Under the plan, up to
350,000 of the shares of the company's common stock held by the
reporting person may be sold in an orderly manner, subject to
certain criteria in the plan, including minimum price
levels. |
(3) |
The price reported in Column
4 is a weighted average price. These shares were sold in multiple
transactions at prices ranging from $35.36 to $35.75,
inclusive. |
(4) |
The reporting person is the
trustee of the trust and holds a remainder interest in the trust.
The reporting person disclaims beneficial ownership of the reported
securities except to the extent of his pecuniary interest
therein. |
Reporting
Owners
|
Reporting Owner Name / Address |
Relationships
|
Director |
10% Owner |
Officer |
Other |
DARROW KURT L
ONE LA-Z-BOY DRIVE
MONROE, MI 48162 |
X |
|
|
|
Signatures
|
Uzma Ahmad, Attorney-in-Fact |
|
11/8/2021 |
**Signature of
Reporting Person |
Date |
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