Filing Details

Accession Number:
0001209191-11-063539
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-12-30 16:03:08
Reporting Period:
2011-12-29
Filing Date:
2011-12-30
Accepted Time:
2011-12-30 16:03:08
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1076195 Life Time Fitness Inc. LTM Services-Membership Sports & Recreation Clubs (7997) 411689746
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1295459 R Michael Robinson 2902 Corporate Place
Chanhassen MN 55317
Exec Vice President And Cfo No 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
Common Stock Acquisiton 2011-12-29 2,000 $8.00 176,363 No 4 M Direct
Common Stock Acquisiton 2011-12-29 43,000 $12.00 219,363 No 4 M Direct
Common Stock Disposition 2011-12-29 45,000 $48.03 174,363 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (right to buy) Disposition 2011-12-29 2,000 $0.00 2,000 $8.00
Common Stock Stock Option (right to buy) Disposition 2011-12-29 43,000 $0.00 43,000 $12.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2013-04-01 No 4 M Direct
0 2013-12-17 No 4 M Direct
Footnotes
  1. The stock sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 9, 2011. The sales reported on this Form 4 conclude the transactions contemplated by the Rule 10b5-1 trading plan.
  2. Reflects the weighted average price of 45,000 shares of Common Stock of Life Time Fitness, Inc. sold by the reporting person in multiple transactions on December 29, 2011 with sale prices ranging from $48.00 to $48.34 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
  3. The option vested as to 20% of the shares annually beginning on January 4, 2004, subject to accelerated vesting upon a change of control.
  4. The option vested as to 25% of the shares annually beginning on December 17, 2004, subject to accelerated vesting upon a change of control.