Andrew Butcher - Mar 13, 2024 Form 4 Insider Report for LUXFER HOLDINGS PLC (LXFR)

Role
Chief Executive Officer, Director
Signature
/s/ Megan E. Glise under Power of Attorney for Andrew Butcher
Stock symbol
LXFR
Transactions as of
Mar 13, 2024
Transactions value $
-$62,363
Form type
4
Date filed
3/15/2024, 06:37 PM
Previous filing
Nov 3, 2023
Next filing
Mar 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LXFR Ordinary Shares Options Exercise +2.23K +1.78% 127K Mar 13, 2024 Direct F1, F2
transaction LXFR Ordinary Shares Tax liability -$12.9K -1.26K -0.99% $10.17 126K Mar 13, 2024 Direct
transaction LXFR Ordinary Shares Options Exercise +1.74K +1.38% 128K Mar 13, 2024 Direct F1
transaction LXFR Ordinary Shares Tax liability -$10.1K -989 -0.77% $10.17 127K Mar 13, 2024 Direct
transaction LXFR Ordinary Shares Options Exercise +6.78K +5.35% 134K Mar 14, 2024 Direct F1
transaction LXFR Ordinary Shares Tax liability -$39.4K -3.85K -2.88% $10.26 130K Mar 14, 2024 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LXFR Restricted Stock Units Options Exercise -2.23K -100% 0 Mar 13, 2024 Ordinary Shares 2.23K Direct F1, F3
transaction LXFR Restricted Stock Units Options Exercise -1.74K -100% 0 Mar 13, 2024 Ordinary Shares 1.74K Direct F1, F4
transaction LXFR Restricted Stock Units Options Exercise -6.78K -33.32% 13.6K Mar 14, 2024 Ordinary Shares 6.78K Direct F1, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units convert 1 for 1, subject to a nominal payment of $1.00 per Ordinary Share.
F2 The above figure includes 511 Ordinary Shares, including those accrued related to dividend reinvestment rights, acquired since the Reporting Person's last reportable transaction pursuant to the Luxfer Holdings PLC Employee Stock Purchase Plan (the "ESPP") for the purchase period of June 19, 2023 - December 18, 2023. This transaction is exempt pursuant to Rule 16b-3(c). In accordance with the ESPP, these Ordinary Shares were purchased at a price equal to 85% of the closing price of the Issuer's Ordinary Shares on December 18, 2023.
F3 The Restricted Stock Units fully vested on March 13, 2024. The above figure includes 293 additional Restricted Stock Units accrued related to dividend reinvestment rights.
F4 Represents the grant and vesting of performance-based Restricted Stock Units (at 50% target) awarded on March 13, 2020. One half of the performance-based Restricted Stock Units were granted and vested on March 13, 2023 upon the achievement of relative Total Shareholder Return (TSR) goals for the performance period ended December 31, 2022. The remaining balance was granted and vested on March 13, 2024.
F5 The remaining Restricted Stock Units vest in two equal annual installments on March 14, 2025 and March 14, 2026. The above figure includes 483 additional Restricted Stock Units accrued related to dividend reinvestment rights.
F6 The above figure includes 977 additional Restricted Stock Units accrued related to dividend reinvestment rights.