Filing Details

Accession Number:
0001225208-11-007406
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-02-25 16:39:24
Reporting Period:
2011-02-23
Filing Date:
2011-02-25
Accepted Time:
2011-02-25 16:39:24
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1001288 Lexmark International Inc LXK Computer & Office Equipment (3570) 061308215
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1186611 J Paul Curlander One Lexmark Centre Drive
740 West New Circle Road
Lexington KY 40550
Executive Chairman Yes Yes 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
Class A Common Stock Acquisiton 2011-02-23 195,000 $0.00 481,540 No 4 A Direct
Class A Common Stock Disposition 2011-02-24 3,135 $37.01 478,405 No 4 F Direct
Class A Common Stock Disposition 2011-02-24 24,700 $37.00 453,705 No 4 F Direct
Class A Common Stock Disposition 2011-02-24 38,465 $37.07 415,240 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 F Direct
No 4 F Direct
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 629 Indirect By 401(k)
Footnotes
  1. Represents an award to the Reporting Person of an equal number of performance-based restricted stock units (PRSUs) granted pursuant to the Issuer's stock incentive plan, as approved by the Compensation and Pension Committee of the Board of Directors on February 23, 2011. On February 23, 2010, the Reporting Person was granted an opportunity to earn up to 195,000 PRSUs, subject to the achievement of the performance measure during the 2010 performance period. The Compensation and Pension Committee reviewed and certified the business results for the PRSUs on February 23, 2011 and determined that maximum performance had been attained for the performance period. The earned PRSUs will become vested and settled as follows: 66,300 on February 24, 2011, and 128,700 on April 29, 2011.
  2. Represents shares sold in payment of tax liability, fees and commissions in connection with the vesting and settlement of 66,300 PRSUs on February 24, 2011.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $37.01 to $37.15, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission upon request full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  4. 128,700 of these securities are PRSUs earned on February 23, 2011, which will vest and settle on April 29, 2011.