Item 5. Other Information
1K characters. Original on sec.gov ·
Item 5. Other Information
Rule 10b5-1 Plan Elections
Gary S. Bedard, Executive Vice President and President, LII Residential Heating & Cooling, entered into a prearranged stock trading plan on May 12, 2023. Mr. Bedard's plan provides for the potential gift of 805 shares of the Company's common stock and the sale of approximately 4,040 shares of the Company's common stock between September 1, 2023 and May 8, 2024. The amount of shares to be sold includes shares subject to the vesting of performance share unit awards, and accordingly the actual amount may vary.
This trading plan was entered into during an open insider trading window and is intended to satisfy the affirmative defense of Rule 10b5-1(c) under the Securities and Exchange Act of 1934, as amended, and the Company's policies regarding transactions in the Company's securities.
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