4//SEC Filing
HAVERTY MICHAEL R 4
Accession 0000054480-13-000073
CIK 0000054480other
Filed
Mar 27, 8:00 PM ET
Accepted
Mar 28, 6:09 PM ET
Size
19.1 KB
Accession
0000054480-13-000073
Insider Transaction Report
Form 4
HAVERTY MICHAEL R
DirectorChairman & CEO
Transactions
- Tax Payment
Common Stock
2013-03-27$108.44/sh−7,636$828,010→ 719,342 total - Other
LSAR
2013-03-27−13,689→ 0 totalExercise: $14.53→ Common Stock (13,689 underlying) - Exercise/Conversion
Common Stock
2013-03-27$14.53/sh+13,689$198,901→ 726,978 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2013-03-27−13,689→ 0 totalExercise: $14.53From: 2004-02-09Exp: 2014-02-08→ Common Stock (13,689 underlying)
Holdings
- 51,355.135(indirect: By 401(k))
Common Stock
- 49,200
Employee Stock Option (Right to Buy)
Exercise: $35.41From: 2013-03-01Exp: 2020-02-29→ Common Stock (49,200 underlying) - 10,611
Employee Stock Option (Right to Buy)
Exercise: $66.99Exp: 2022-02-21→ Common Stock (10,611 underlying) - 15,700
Employee Stock Option (Right to Buy)
Exercise: $52.62Exp: 2021-02-22→ Common Stock (15,700 underlying) - 8,193
Employee Stock Option (Right to Buy)
Exercise: $97.77Exp: 2023-02-20→ Common Stock (8,193 underlying)
Footnotes (7)
- [F1]8,334 of these shares represent performance shares that were earned on February 21, 2013 when the KCS Compensation and Organization Committee determined that the 2012 performance goals were met. These performance shares will not vest until February 28, 2014. With respect to these shares, the reporting person does not have the right to vote, receive, or be entitled to receive, cash or non-cash dividends or any other beneficial rights as a shareholder of the Company.
- [F2]8,042 of these shares represent performance shares that were earned on February 22, 2012 when the KCS Compensation and Organization Committee determined that the 2011 performance goals were met. These performance shares will not vest until February 28, 2014. With respect to these shares, the reporting person does not have the right to vote, receive, or be entitled to receive, cash or non-cash dividends or any other beneficial rights as a shareholder of the Company.
- [F3]Of these shares, 1,834 shares were surrendered to pay the option price and 5,802 shares were withheld to pay taxes for the reporting person's employee stock option exercise.
- [F4]LSARs are granted in tandem with stock options. LSARs become exercisable only following a change-in-control of the Company in lieu of related options and are exercisable only for cash. LSARs terminate when the related options are exercised or terminated.
- [F5]Prior to March 1, 2013, this option may become exercisable in 1/3 increments if the daily closing price of Kansas City Southern's common stock on the New York Stock Exchange is greater than or equal to $38.95, $42.85, and $47.14, respectively, for at least 30 consecutive trading days. The first target was met and 16,400 of these options became exercisable on November 19, 2010. The second target was met and 16,400 of these options became exercisable on December 8, 2010. The third target was met and 16,400 of these options became exercisable on January 7, 2011.
- [F6]These options become exercisable in three equal installments beginning on the first anniversary of the date of grant.
- [F7]Options exercised in rule 16b-3 exempt transaction. LSARs canceled with respect to such shares.
Documents
Issuer
KANSAS CITY SOUTHERN
CIK 0000054480
Entity typeother
Related Parties
1- filerCIK 0001224434
Filing Metadata
- Form type
- 4
- Filed
- Mar 27, 8:00 PM ET
- Accepted
- Mar 28, 6:09 PM ET
- Size
- 19.1 KB