Form 4 for LW Lamb Weston Holdings, Inc.
Accepted 2022-08-02 00:00:00 ET · period of report 2022-07-29 · accession 0001415889-22-008140 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-08-02 | 2022-07-29 | LW | Spytek Eryk J | SVP, GEN COUNSEL | A - Grant | $0.00 | +4,519 | 52.3K | +9% | $0 |
| D | 2022-08-02 | 2022-07-30 | LW | Spytek Eryk J | SVP, GEN COUNSEL | F - Tax | $79.66 | -1,324 | 50.9K | -3% | -$105.5K |
| DM | 2022-08-02 | 2022-07-29 | LW | Spytek Eryk J | SVP, GEN COUNSEL | A - Grant | $0.00 | +44.6K | 9,843 | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-07-29 | A | A | 4,519 | $0.00 | 52,261 | D | — | — | (F1) Represents restricted stock units ("RSUs") that vest 33%, 33% and 34%, respectively, on each of the first three anniversaries of the date of grant,or earlier upon certain events. Each RSU represents a contingent right to receive one share of Lamb Weston Holdings, Inc. common stock upon settlement. |
| 2 | Common | Common Stock | 2022-07-30 | F | D | 1,324 | $79.66 | 50,937 | D | — | — | (F2) Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of RSUs. |
| 3 | Derivative | Employee Stock Option (Right to Buy) | 2022-07-29 | A | A | 34,749 | $0.00 | 34,749 | D | $79.66 · — to 2029-07-29 | 34,749 Common Stock | (F3) The stock options will become exercisable as to 33%, 33% and 34%, respectively, on each of the first three anniversaries of the date of grant. |
| 4 | Derivative | Performance Shares | 2022-07-29 | A | A | 9,843 | $0.00 | 9,843 | D | $0.00 · — to — | 9,843 Common Stock | (F4) Represents a performance share award that may be earned based on the increase in Lamb Weston Holding, Inc.'s stock price from the date of grant to the end of a three-year performance period ending May 25, 2025 above certain targeted levels. Each performance share represents a contingent right to receive one share of Lamb Weston Holdings, Inc. common stock upon settlement. The performance shares are shown at the target level, and the actual amount earned after completion of the performance period may range from 0% (for stock price appreciation of less than 25%) to 100% of the target level (for stock price appreciation equal to 50%) and up to 300% of the target level (for stock price appreciation equal to or greater than 75%), subject to an overall payment value limit equal to eight times the grant value of the award. |