4//SEC Filing
KANSAS CITY SOUTHERN 4
Accession 0000054480-13-000135
CIK 0000054480operating
Filed
Aug 5, 8:00 PM ET
Accepted
Aug 6, 5:21 PM ET
Size
13.3 KB
Accession
0000054480-13-000135
Insider Transaction Report
Form 4
HAVERTY MICHAEL R
DirectorChairman & CEO
Transactions
- Other
Common Stock
2013-08-05$109.64/sh+9,599$1,052,434→ 728,941 total
Holdings
- 10,611
Employee Stock Option (Right to Buy)
Exercise: $66.99Exp: 2022-02-21→ Common Stock (10,611 underlying) - 8,193
Employee Stock Option (Right to Buy)
Exercise: $97.77Exp: 2023-02-20→ Common Stock (8,193 underlying) - 51,563.694(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) - 15,700
Employee Stock Option (Right to Buy)
Exercise: $52.62Exp: 2021-02-22→ Common Stock (15,700 underlying)
Footnotes (6)
- [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]On August 6, 2010, Mr. Haverty's wife, Mrs. Haverty, established and contributed Kansas City Southern common stock to a grantor retained annuity trust (the "2010 GRAT"). Mr. Haverty does not have a reporting duty for the shares held in the 2010 GRAT under Section 16(a) of the Securities Exchange Act of 1934 because Mrs. Haverty is not the trustee and does not have investment control over the shares. On August 5, 2013, 9,599 shares were distributed from the 2010 GRAT to Mrs. Haverty as an annuity payment.
- [F4]Includes 208.559 shares acquired under the KCS 401(k) and Profit Sharing Plan since the date of the reporting person's last ownership report.
- [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.
Documents
Issuer
KANSAS CITY SOUTHERN
CIK 0000054480
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000054480
Filing Metadata
- Form type
- 4
- Filed
- Aug 5, 8:00 PM ET
- Accepted
- Aug 6, 5:21 PM ET
- Size
- 13.3 KB