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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
202375	Lazare Kaplan International Inc	LKI	Wholesale-Jewelry, Watches, Precious Stones & Metals (5094)	132728690

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1287251	Leon Tempelsman	19 West 44Th Street 16Th Floor New York NY 10036	Vice Chairman Of The Board	Yes	Yes	Yes	Yes

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	Disposition	2013-09-06	625,000	$1.40	625,000	No	4	S	Direct

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

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	97,957	Direct
Common Stock	46,166	Indirect	Co-Trustee of Trusts
Common Stock	1,528,416	Indirect	Partnership
Common Stock	2,240	Indirect	By Spouse
Common Stock	34,641	Indirect	As custodian for children
Common Stock	2,145,409	Direct

Footnotes

The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
The shares are owned by Leon Tempelsman & Son, a New York limited partnership of which Leon Tempelsman is a general partner.
On September 6, 2013, the reporting person granted to the Issuer an option to repurchase the Shares for a price of $1.40 per share (for an aggregate consideration of $875,000). Such option may be exercised by the Issuer by written notice to the reporting person and such option if not exercised by the Issuer shall expire automatically at the close of business on February 28, 2014.