4//SEC Filing
PRECISION CASTPARTS CORP 4
Accession 0000079958-16-000086
CIK 0000079958operating
Filed
Jan 31, 7:00 PM ET
Accepted
Feb 1, 11:46 AM ET
Size
21.9 KB
Accession
0000079958-16-000086
Insider Transaction Report
Form 4
HAGEL SHAWN R
Sr. VP & CFO
Transactions
- Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2016-01-29−45,000→ 0 totalExercise: $248.20Exp: 2023-11-13→ Common Stock (45,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2016-01-29$8.95/sh−100,000$895,000→ 0 totalExercise: $226.05Exp: 2024-11-12→ Common Stock (100,000 underlying) - Disposition to Issuer
Common Stock
2016-01-29$235.00/sh−20,226.848$4,753,309→ 0 total - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2016-01-29$73.38/sh−40,000$2,935,200→ 0 totalExercise: $161.62Exp: 2021-11-16→ Common Stock (40,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2016-01-29$94.26/sh−20,000$1,885,200→ 0 totalExercise: $140.74Exp: 2017-11-14→ Common Stock (20,000 underlying) - Disposition to Issuer
Phantom Stock
2016-01-29$235.00/sh−12,773.658$3,001,810→ 0 total→ Common Stock (12,773.658 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2016-01-29$61.70/sh−40,000$2,468,000→ 0 totalExercise: $173.30Exp: 2022-11-14→ Common Stock (40,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2016-01-29$97.44/sh−40,000$3,897,600→ 0 totalExercise: $137.56Exp: 2020-11-10→ Common Stock (40,000 underlying)
Footnotes (8)
- [F1]This option, which vests in four equal annual installments beginning on 11/12/2015, was canceled in the merger of the issuer and a subsidiary of Berkshire Hathaway Inc. (the "Merger") in exchange for the cash payment per share indicated in column 8, which represents the difference between the exercise price of the option and the Merger consideration of $235 per share.
- [F2]This option, which vests in four equal annual installments beginning on 11/13/2014, was canceled in the Merger in exchange for no consideration because the exercise price of the option exceeded the Merger consideration of $235 per share.
- [F3]This option, which vests in four equal annual installments beginning on 11/14/2013, was canceled in the Merger in exchange for the cash payment per share indicated in column 8, which represents the difference between the exercise price of the option and the Merger consideration of $235 per share.
- [F4]This option, which vests in four equal annual installments beginning on 11/16/2012, was canceled in the Merger in exchange for the cash payment per share indicated in column 8, which represents the difference between the exercise price of the option and the Merger consideration of $235 per share.
- [F5]This option, which vested in four equal annual installments beginning on 11/10/2011, was canceled in the Merger in exchange for the cash payment per share indicated in column 8, which represents the difference between the exercise price of the option and the Merger consideration of $235 per share.
- [F6]This option, which vested in four equal annual installments beginning on 11/14/2008, was canceled in the Merger in exchange for the cash payment per share indicated in column 8, which represents the difference between the exercise price of the option and the Merger consideration of $235 per share.
- [F7]Each Phantom Stock Unit was convertible into one share of PCC common stock.
- [F8]Phantom Stock Units were to be settled in shares of PCC common stock following the reporting person's termination of employment with PCC, but each Phantom Stock Unit is being settled in connection with the Merger for an amount equal to the Merger consideration of $235 per share.
Documents
Issuer
PRECISION CASTPARTS CORP
CIK 0000079958
Entity typeoperating
IncorporatedOR
Related Parties
1- filerCIK 0000079958
Filing Metadata
- Form type
- 4
- Filed
- Jan 31, 7:00 PM ET
- Accepted
- Feb 1, 11:46 AM ET
- Size
- 21.9 KB