KANSAS CITY SOUTHERN 4
4 · KANSAS CITY SOUTHERN · Filed Feb 24, 2014
Insider Transaction Report
Form 4
HAVERTY MICHAEL R
DirectorChairman & CEO
Transactions
- Award
Common Stock
2014-02-20+4,020→ 780,389 total
Holdings
- 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) - 10,611
Employee Stock Option (Right to Buy)
Exercise: $66.99Exp: 2022-02-21→ Common Stock (10,611 underlying) - 49,200
Employee Stock Option (Right to Buy)
Exercise: $35.41From: 2013-03-01Exp: 2020-02-29→ Common Stock (49,200 underlying)
Footnotes (6)
- [F1]4,020 of these shares represent performance shares that were earned on February 20, 2014 when the KCS Compensation and Organization Committee determined that the 2013 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]8,334 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.
- [F3]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.
- [F4]Includes 51,834 shares previously owned indirectly through the KCS 401(k) and Profit Sharing Plan.
- [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.