Filing Details

Accession Number:
0000936783-15-000005
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-03-20 13:07:24
Reporting Period:
2015-03-18
Filing Date:
2015-03-20
Accepted Time:
2015-03-20 13:07:24
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
874396 Lifetime Brands Inc LCUT Cutlery, Handtools & General Hardware (3420) 112682486
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
936783 Craig Phillips C/O Lifetime Brands Inc.
1000 Stewart Avenue
Garden City NY 11530
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2015-03-18 5,000 $4.60 661,326 No 4 M Direct
Common Stock Disposition 2015-03-18 5,000 $14.50 656,326 No 4 S Direct
Common Stock Acquisiton 2015-03-18 3,750 $10.79 660,076 No 4 M Direct
Common Stock Disposition 2015-03-18 3,750 $14.50 656,326 No 4 S Direct
Common Stock Acquisiton 2015-03-18 3,750 $11.64 660,076 No 4 M Direct
Common Stock Disposition 2015-03-18 3,750 $14.50 656,326 No 4 S Direct
Common Stock Acquisiton 2015-03-18 2,000 $12.79 658,326 No 4 M Direct
Common Stock Disposition 2015-03-18 2,000 $14.50 656,326 No 4 S Direct
Common Stock Acquisiton 2015-03-18 5,220 $13.27 661,546 No 4 M Direct
Common Stock Disposition 2015-03-18 5,220 $14.50 656,326 No 4 S Direct
Common Stock Acquisiton 2015-03-19 2,280 $13.27 658,606 No 4 M Direct
Common Stock Disposition 2015-03-19 2,280 $14.51 656,326 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (Right to buy) Disposition 2015-03-18 5,000 $0.00 5,000 $4.60
Common Stock Employee Stock Option (Right to buy) Disposition 2015-03-18 3,750 $0.00 3,750 $10.79
Common Stock Employee Stock Option (Right to buy) Disposition 2015-03-18 3,750 $0.00 3,750 $11.64
Common Stock Employee Stock Option (Right to buy) Disposition 2015-03-18 2,000 $0.00 2,000 $12.79
Common Stock Employee Stock Option (Right to buy) Disposition 2015-03-18 5,220 $0.00 5,220 $13.27
Common Stock Employee Stock Option (Right to buy) Disposition 2015-03-19 2,280 $0.00 2,280 $13.27
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2018-11-09 No 4 M Direct
0 2021-06-15 No 4 M Direct
0 2022-04-30 No 4 M Direct
0 2023-05-06 No 4 M Direct
2,280 2020-05-06 No 4 M Direct
0 2020-05-06 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 28,278 Indirect Trust
Footnotes
  1. Shares are held in an irrevocable trust of which Craig Phillips is a beneficiary. Prior Forms 4 inadvertently identified the reporting person as the sole beneficiary of such trust.
  2. The options vested and became exercisable in four equal installments on each of November 10, 2009, 2010, 2011 and 2012.
  3. The options vested and became exercisable in three equal installments on each of June 16, 2012, 2013, and 2014. The remainder of the unvested options included within such award terminated upon Craig Phillips' resignation as an employee.
  4. The options vested and became exercisable in two equal installments on each of May 1, 2013 and 2014. The remainder of the unvested options included within such award terminated upon Craig Phillips' resignation as an employee.
  5. The options vested and became exercisable in one installment on May 7, 2014. The remainder of the unvested options included within such award terminated upon Craig Phillips' resignation as an employee.
  6. The options are part of a grant of 7,500 options, which vested and became exercisable in four equal installments on each of May 7, 2011, 2012, 2013 and 2014.