SAWYER JAMES S 4
4 · PRAXAIR INC · Filed Mar 5, 2013
Insider Transaction Report
Form 4
SAWYER JAMES S
Executive V.P. and CFO
Transactions
- Exercise/Conversion
Common Stock
2013-03-01+15,547→ 66,279 total - Tax Payment
Common Stock
2013-03-01$111.17/sh−7,051$783,860→ 59,228 total - Exercise/Conversion
Performance Share Units
2013-03-01−15,547→ 0 total→ Common Stock (15,547 underlying) - Tax Payment
Common Stock
2013-03-01$111.17/sh−325$36,130→ 58,903 total - Award
Performance Share Units
2013-03-01+15,547→ 15,547 totalExercise: $0.00→ Common Stock (15,547 underlying)
Holdings
- 12,703.467(indirect: By 401(k))
Common Stock
Footnotes (4)
- [F1]Shares of common stock acquired pursuant to the payout of a performance share unit grant made on February 23, 2010 (the "PSU").
- [F2]Shares of common stock withheld from the PSU payout to cover tax withholdings.
- [F3]Shares withheld for payment of taxes in connection with the portion vesting of a previously reported restricted stock unit grant.
- [F4]The PSU paid out on March 1, 2013, and the number of shares awarded and paid out was determined based upon the cumulative earnings per share ("EPS") of Praxair, Inc. from 2010 - 2012 measured against EPS goals set by the Compensation and Management Development Committee of the Board of Directors when the PSU was granted in 2010.