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Filing Details

Accession Number:: 0001209191-14-012324
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2014-02-20 16:13:06
Reporting Period:: 2014-02-19

Filing Date:: 2014-02-20
Accepted Time:: 2014-02-20 16:13:06
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
57725	Lannett Co Inc	LCI	Pharmaceutical Preparations (2834)	230787699

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1277221	Kevin Smith	9000 State Road Philadelphia PA 19136	Vice President	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2014-02-19	8,000	$5.18	67,566	No	4	M	Direct
Common Stock	Disposition	2014-02-19	8,000	$45.73	59,566	No	4	S	Direct
Common Stock	Acquisiton	2014-02-19	5,943	$4.03	65,509	No	4	M	Direct
Common Stock	Disposition	2014-02-19	5,943	$45.68	59,566	No	4	S	Direct
Common Stock	Acquisiton	2014-02-19	5,333	$2.80	64,899	No	4	M	Direct
Common Stock	Disposition	2014-02-19	5,333	$45.36	59,566	No	4	S	Direct
Common Stock	Acquisiton	2014-02-19	1,666	$3.55	61,232	No	4	M	Direct
Common Stock	Disposition	2014-02-19	1,666	$45.04	59,566	No	4	S	Direct
Common Stock	Acquisiton	2014-02-19	4,000	$3.55	63,566	No	4	M	Direct
Common Stock	Disposition	2014-02-19	4,000	$44.75	59,566	No	4	S	Direct
Common Stock	Acquisiton	2014-02-20	5,000	$4.16	64,566	No	4	M	Direct
Common Stock	Disposition	2014-02-20	5,000	$44.65	59,566	No	4	S	Direct
Common Stock	Acquisiton	2014-02-20	4,000	$4.16	63,566	No	4	M	Direct
Common Stock	Disposition	2014-02-20	4,000	$44.60	59,566	No	4	S	Direct
Common Stock	Acquisiton	2014-02-20	2,666	$4.16	62,232	No	4	M	Direct
Common Stock	Disposition	2014-02-20	2,666	$44.60	59,566	No	4	S	Direct
Common Stock	Acquisiton	2014-02-20	3,500	$3.55	63,066	No	4	M	Direct
Common Stock	Disposition	2014-02-20	3,500	$44.89	59,566	No	4	S	Direct
Common Stock	Acquisiton	2014-02-20	3,500	$3.55	63,066	No	4	M	Direct
Common Stock	Disposition	2014-02-20	3,500	$44.79	59,566	No	4	S	Direct
Common Stock	Acquisiton	2014-02-20	4,000	$3.55	63,566	No	4	M	Direct
Common Stock	Disposition	2014-02-20	4,000	$45.00	59,566	No	4	S	Direct
Common Stock	Acquisiton	2014-02-20	4,057	$4.03	63,623	No	4	M	Direct
Common Stock	Disposition	2014-02-20	4,057	$45.25	59,566	No	4	S	Direct
Common Stock	Acquisiton	2014-02-20	4,000	$4.03	63,566	No	4	M	Direct
Common Stock	Disposition	2014-02-20	4,000	$45.20	59,566	No	4	S	Direct
Common Stock	Acquisiton	2014-02-20	4,800	$4.03	64,366	No	4	M	Direct
Common Stock	Disposition	2014-02-20	4,800	$45.00	59,566	No	4	S	Direct
Common Stock	Acquisiton	2014-02-20	4,200	$4.03	63,766	No	4	M	Direct
Common Stock	Disposition	2014-02-20	4,200	$45.00	59,566	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Option	Disposition	2014-02-19	8,000	$0.00	8,000	$5.18
Common Stock	Stock Option	Disposition	2014-02-19	5,943	$0.00	5,943	$4.03
Common Stock	Stock Option	Disposition	2014-02-19	5,333	$0.00	5,333	$2.80
Common Stock	Stock Option	Disposition	2014-02-19	1,666	$0.00	1,666	$3.55
Common Stock	Stock Option	Disposition	2014-02-19	4,000	$0.00	4,000	$3.55
Common Stock	Stock Option	Disposition	2014-02-20	5,000	$0.00	5,000	$4.16
Common Stock	Stock Option	Disposition	2014-02-20	4,000	$0.00	4,000	$4.16
Common Stock	Stock Option	Disposition	2014-02-20	2,666	$0.00	2,666	$4.16
Common Stock	Stock Option	Disposition	2014-02-20	3,500	$0.00	3,500	$3.55
Common Stock	Stock Option	Disposition	2014-02-20	3,500	$0.00	3,500	$3.55
Common Stock	Stock Option	Disposition	2014-02-20	4,000	$0.00	4,000	$3.55
Common Stock	Stock Option	Disposition	2014-02-20	4,057	$0.00	4,057	$4.03
Common Stock	Stock Option	Disposition	2014-02-20	4,000	$0.00	4,000	$4.03
Common Stock	Stock Option	Disposition	2014-02-20	4,800	$0.00	4,800	$4.03
Common Stock	Stock Option	Disposition	2014-02-20	4,200	$0.00	4,200	$4.03

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
168,666		2015-10-25	No	4	M	Direct
162,723		2017-09-17	No	4	M	Direct
157,390	2009-09-18	2018-09-17	No	4	M	Direct
155,724	2012-08-25	2021-08-25	No	4	M	Direct
151,724	2012-08-25	2021-08-25	No	4	M	Direct
146,724	2013-10-26	2022-10-25	No	4	M	Direct
142,724	2013-10-26	2022-10-25	No	4	M	Direct
140,058	2013-10-26	2022-10-25	No	4	M	Direct
136,558	2012-08-25	2021-08-25	No	4	M	Direct
133,058	2012-08-25	2021-08-25	No	4	M	Direct
129,058	2012-08-25	2021-08-25	No	4	M	Direct
125,001	2008-09-17	2017-09-17	No	4	M	Direct
121,001	2008-09-17	2017-09-17	No	4	M	Direct
116,201		2017-09-17	No	4	M	Direct
112,001	2009-09-17	2017-09-17	No	4	M	Direct

Footnotes

Options became exercisable as follows: 4,000 on 10/25/2006, 4,000 on 10/25/2007.
Options became exercisable as follows: 5,542 on 9/17/2008, 401 on 9/17/2009.
Options became exercisable as follows: 3,067 on 9/17/2008, 1,733 on 9/17/2009.