Home > Insider Trading > Filing (0000888504-16-000037)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
888504	Layne Christensen Co	LAYN	Construction - Special Trade Contractors (1700)	480920712

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1017043	Nelson Obus			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	2015-12-30	62,695	$5.20	589,500	No	4	P	Direct
Common Stock	Acquisiton	2015-12-31	34,053	$5.23	623,553	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct
No	4	P	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Phantom Stock Units	Acquisiton	2016-01-01	4,653	$4.70	4,653	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
27,930			No	4	A	Direct

Footnotes

Of the 589,500 shares reported as being held by the reporting person, 14,638 shares are held directly by Mr. Obus and 574,862 shares, are held indirectly by Mr. Obus through Wynnefield Partners Small Cap Value, L.P., Wynnefield Partners Small Cap Value, L.P. I, and Wynnefield Small Cap Value Offshore Fund, Ltd. (collectively, the "Wynnefield Entities"). Mr. Obus disclaims beneficial ownership in such shares except to the extent of his beneficial ownership in the Wynnefield Entities
Of the 623,553 shares reported as being held by the reporting person, 14,638 shares are held directly by Mr. Obus and 608,915 shares, are held indirectly by Mr. Obus through the Wynnefield Entities. Mr. Obus disclaims beneficial ownership in such shares except to the extent of his beneficial ownership in the Wynnefield Entities.
The Conversion or Exercise Price is 1 for 1.
The Phantom Stock Units were accrued under the Layne Christensen Company Deferred Compensation Plan for Directors and are to be settled 100% in cash. The Phantom Stock Units are to be settled within thirty (30) days after (i) the date pre-selected by the reporting person or (ii) the date the reporting person ceases to be a Director.