Lennox International director just cashed-in 3,820 options

Janet Katherine Cooper, a director of Lennox International, recently cashed-in 3,820 options. The options were exercised at $0.00, while the disposals took place at $0.00 per share, on February 08, 2021. Cooper continues to hold 18,689 shares of the company. Cooper operates out of Richardson, TX. Some additional info was provided as follows:


On February 8, 2021, the reporting person transferred 1,481 shares of LII common stock (the "Transfer") from the reporting person's brokerage account to The Janet K. Cooper 2012 Trust (David K. Cooper, trustee) (the "Trust"). Additionally, on February 8, 2021, the reporting person exchanged 2,339 shares of LII common stock from the reporting person's brokerage account with cash in the Trust (the "Exchange of Assets") in an am ount equivalent to the closing price of the shares on February 5, 2021. The Transfer and Exchange of Assets resulted in a decrease in the number of shares the reporting person owns directly and a corresponding increase in the number of shares the reporting person beneficially indirectly owns through the Trust. The reporting person believes that the Transfer and Exchange of Assets constitutes a change in form of beneficial ownership of the shares, exempted by Rule 16a-13 under the Securities Exchange Act of 1934.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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Other recent filings from the company include the following:

EVP of Lennox International just disposed of 8,704 shares - June 16, 2021
Specialized disclosure report - May 25, 2021
Current report, items 5.02, 5.07, and 9.01 - May 24, 2021

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