Form 4 - Statement of changes in beneficial ownership of securities

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Ketcham Brian L

(Last)

(First)

(Middle)

18135 BURKE ST.

SUITE 100

(Street)

OMAHA

68022

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
LINDSAY CORP [ LNN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Senior Vice President and CFO

3. Date of Earliest Transaction (Month/Day/Year)
11/01/2024

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	11/01/2024		A		1,455⁽¹⁾	A	$0	14,648⁽²⁾	D
Common Stock	11/01/2024		F		1,027⁽³⁾	D	$119.79	13,621⁽²⁾	D
Common Stock								1,410	I	By spouse⁽⁴⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Option to Purchase	$121.16							⁽⁵⁾	10/28/2034	Common Stock	3,851		3,851	D
Option to Purchase	$120.54							⁽⁶⁾	10/23/2033	Common Stock	2,826		2,826	D
Option to Purchase	$156.16							⁽⁷⁾	10/24/2032	Common Stock	2,251		2,251	D
Option to Purchase	$145.93							11/01/2024⁽⁸⁾	10/25/2031	Common Stock	2,538		2,538	D
Option to Purchase	$110.42							11/01/2023⁽⁹⁾	10/26/2030	Common Stock	3,015		3,015	D
Option to Purchase	$94.41							11/01/2022⁽¹⁰⁾	10/31/2029	Common Stock	3,825		3,825	D
Option to Purchase	$91.82							11/01/2021⁽¹¹⁾	10/22/2028	Common Stock	3,743		3,743	D
Option to Purchase	$91.56							11/01/2021⁽¹²⁾	10/31/2027	Common Stock	3,840		3,840	D
Option to Purchase	$78.23							11/01/2020⁽¹³⁾	10/21/2026	Common Stock	3,999		3,999	D

Explanation of Responses:

1. Shares of common stock acquired upon vesting of performance stock units.

2. Includes common stock in the form of restricted stock units.

3. Shares of common stock withheld to satisfy tax withholding obligations upon vesting of performance stock units referenced in footnote 1 and restricted stock units previously included in Table I.

4. Shares were purchased by, and are held in the name of, Mr. Ketcham's spouse.

5. The option vests in three equal annual installments beginning on November 1, 2025.

6. The option vests in three equal annual installments, which began on November 1, 2024.

7. The option vests in three equal annual installments, which began on November 1, 2023.

8. The option vested in three equal annual installments, which began on November 1, 2022.

9. The option vested in three equal annual installments, which began on November 1, 2021.

10. The option vested in three equal annual installments, which began on November 1, 2020.

11. The option vested in three equal annual installments, which began on November 1, 2019.

12. The option vested in four equal annual installments, which began on November 1, 2018.

13. The option vested in four equal annual installments, which began on November 1, 2017.

	/s/ Ryan Loneman, attorney-in-fact	11/05/2024
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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POWER OF ATTORNEY

KNOW ALL BY THESE PRESENTS that the undersigned hereby makes, constitutes, designates and appoints each of Eric Arneson and Ryan Loneman, signing singly, as the undersigned's true and lawful attorney-in-fact to act for and on behalf of the undersigned for and limited to the following purposes:

a. To execute for and on behalf of the undersigned, in the undersigned's capacity as an officer and/or director of Lindsay Corporation, a Delaware corporation (the "Company"), Forms 3, 4 and 5 in accordance with Section 16(a) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and the rules thereunder;

b. To do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any individual or group filings under Section 16(a) of the Exchange Act and timely file such forms with the United States Securities and Exchange Commission and any stock exchange or similar authority; and

c. To take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact's discretion.

The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact shall lawfully do or cause to be done by virtue of this Power of Attorney and the rights and powers herein granted. The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is the Company assuming, any of the undersigned's responsibilities to comply with Section 16 of the Exchange Act.

This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to make filings under Section 16(a) of the Exchange Act with respect to the undersigned's holdings of the transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact and the Secretary of the Company.

IN WITNESS WHEREOF the undersigned has caused this Power of Attorney to be executed as of this 9th day of October, 2017.

/s/ Brian L. Ketcham

Brian L. Ketcham

POWER OF ATTORNEY