Sec Form 4 Filing - SHEER CLAUDE @ LIONBRIDGE TECHNOLOGIES INC /DE/ - 2014-03-07

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
SHEER CLAUDE
2. Issuer Name and Ticker or Trading Symbol
LIONBRIDGE TECHNOLOGIES INC /DE/ [ LIOX]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O LIONBRIDGE TECHNOLOGIES, INC., 1050 WINTER STREET, SUITE 2300
3. Date of Earliest Transaction (MM/DD/YY)
03/07/2014
(Street)
WALTHAM, MA02451
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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)
Code V Amount (A) or (D) Price
common stock 03/07/2014 M 10,000 A $ 5.75 104,828 D
common stock 03/07/2014 M 5,000 A $ 2.67 109,828 D
common stock 03/07/2014 S 15,000 D $ 7.1279 ( 3 ) 94,828 D
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
option (right to buy) $ 5.75 03/07/2014 M 10,000 05/03/2011 05/03/2015( 1 ) common stock 10,000 $ 5.75 0 D
option (right to buy) $ 2.67 03/07/2014 M 5,000 05/01/2013 05/01/2017( 2 ) common stock 5,000 $ 2.67 5,000 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
SHEER CLAUDE
C/O LIONBRIDGE TECHNOLOGIES, INC.
1050 WINTER STREET, SUITE 2300
WALTHAM, MA02451
X
Signatures
/s/ Claude Sheer 03/10/2014
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Exercise of 10,000 NQ options granted on 5/3/2010 with an exercise price of $5.75 and expiring on 5/03/2015.
( 2 )Exercise of 5,000 NQ options granted on 5/1/2012 with an exercise price of $2.67 and expiring on 5/1/2017.
( 3 )Open market sale of 15,000 shares at an average price of $7.1279: 100 shares at $7.09; 200 shares at $7.095; 600 shares at $7.10; 500 shares at $7.105; 500 shares at $7.11; 900 shares at $7.115; 2,445 shares at $7.12; 500 shares at $7.125; 3,355 shares at $7.13; 2,400 shares at $7.135; 1,900 shares at $7.14; 1,000 shares at $7.145; 400 shares at $7.15; 100 shares at $7.155; and 100 shares at $7.165.

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).

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