ROBERTS DAVID A 4
4 · CARLISLE COMPANIES INC · Filed May 7, 2020
Insider Transaction Report
Form 4
ROBERTS DAVID A
DirectorChairman, President & CEO
Transactions
- Exercise/Conversion
Common Stock
2020-05-06+7,856→ 43,051 total - Conversion
Restricted Stock Units
2020-05-06$111.98/sh−7,856$879,715→ 0 total→ Common Stock (7,856 underlying)
Holdings
- 167,258(indirect: See Footnote 1)
Common Stock
- 35,195
Common Stock
Footnotes (7)
- [F1]On April 16, 2020, 40,000 shares were transferred to four separate Grantor Retained Annuity Trusts for the benefit of the reporting person's children of which the reporting person is trustee of two trusts and of which the reporting person's spouse is trustee of two trusts.
- [F2]Consists of (i) 81,534 shares held in Grantor Retained Annuity Trusts for the benefit of the reporting person's children of which the reporting person is trustee, inclusive of the shares referenced in Footnote 1, (ii) 50,598 shares held in Grantor Retained Annuity Trusts for the benefit of the reporting person's children of which the reporting person's spouse is trustee, inclusive of the shares referenced in Footnote 1, (iii) 10,594 shares held in trust for the benefit of the reporting person's children of which the reporting person's spouse is trustee, and (iv) 24,532 shares held in a private foundation created by the reporting person.
- [F3]On May 6, 2020, the reporting person notified the issuer of his retirement from the Board of Directors of the issuer, effective immediately, in accordance with the issuer's mandatory age 72 retirement policy set forth in the issuer's Statement of Corporate Governance Guidelines and Principles.
- [F4]Not applicable.
- [F5]Each restricted stock unit represents a right to receive one share of the issuer's common stock.
- [F6]Includes 26 units acquired through a dividend reinvestment plan during the year.
- [F7]The restricted stock units were fully vested on the date of grant and the vested shares will be delivered to the reporting person upon the reporting person's termination of service as a director of the issuer.