President and CEO Wood Randy A was granted 6,190 shares, increasing direct ownership by 22% to 33,935 units (SEC Form 4)
$LNN
Industrial Machinery/Components
Industrials
| FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
| Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. | |||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
LINDSAY CORP [ LNN ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 10/28/2024 | ||||||||||||||||||||||||||
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4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction 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 Stock | 10/28/2024 | A | 6,190(1) | A | $0 | 33,935(2)(3) | D | |||
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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| 1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction 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 (Month/Day/Year) | 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: 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 | ||||||||
| Option to Purchase | $121.16 | 10/28/2024 | A | 17,776 | (4) | 10/28/2034 | Common Stock | 17,776 | $0 | 17,776 | D | ||||
| Option to Purchase | $120.54 | (5) | 10/23/2033 | Common Stock | 11,307 | 11,307 | D | ||||||||
| Option to Purchase | $156.16 | (6) | 10/24/2032 | Common Stock | 8,666 | 8,666 | D | ||||||||
| Option to Purchase | $145.93 | (7) | 10/25/2031 | Common Stock | 10,447 | 10,447 | D | ||||||||
| Option to Purchase | $127.47 | 11/01/2023(8) | 01/04/2031 | Common Stock | 4,709 | 4,709 | D | ||||||||
| Option to Purchase | $110.42 | 11/01/2023(8) | 10/26/2030 | Common Stock | 3,015 | 3,015 | D | ||||||||
| Option to Purchase | $94.41 | 11/01/2022(9) | 10/31/2029 | Common Stock | 3,825 | 3,825 | D | ||||||||
| Option to Purchase | $91.82 | 11/01/2021(10) | 10/22/2028 | Common Stock | 3,743 | 3,743 | D | ||||||||
| Option to Purchase | $91.56 | 11/01/2021(11) | 10/31/2027 | Common Stock | 3,840 | 3,840 | D | ||||||||
| Option to Purchase | $78.23 | 11/01/2020(12) | 10/21/2026 | Common Stock | 3,809 | 3,809 | D | ||||||||
| Explanation of Responses: |
| 1. Includes restricted stock units that will vest and settle in shares of Lindsay Corporation's common stock on a one-for-one basis in three equal installments on the following dates: November 1, 2025; November 1, 2026; and November 1, 2027. |
| 2. Includes shares of common stock acquired pursuant to Lindsay Corporation's 2021 Employee Stock Purchase Plan and shares of common stock in the form of restricted stock units. |
| 3. This amount reflects the reported transaction and a reduction of 2,754 shares that were inadvertently double-counted in Table I, Column 5 of the reporting person's most recently filed Form 4 on account of administrative error. |
| 4. The option vests in three equal annual installments beginning on November 1, 2025. |
| 5. The option vests in three equal annual installments beginning on November 1, 2024. |
| 6. The option vests in three equal annual installments, which began on November 1, 2023. |
| 7. The option vests in three equal annual installments, which began on November 1, 2022. |
| 8. The option vested in three equal annual installments, which began on November 1, 2021. |
| 9. The option vested in three equal annual installments, which began on November 1, 2020. |
| 10. The option vested in three equal annual installments, which began on November 1, 2019. |
| 11. The option vested in four equal annual installments, which began on November 1, 2018. |
| 12. The option vested in four equal annual installments, which began on November 1, 2017. |
| /s/ Ryan Loneman, attorney-in-fact | 10/30/2024 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||