PRAXAIR INC 4
4 · PRAXAIR INC · Filed Feb 28, 2014
Insider Transaction Report
Form 4
Breedlove James T
Senior VP, Gen. Counsel & Sec.
Transactions
- Award
Performance Share Units
2014-02-27+8,200→ 8,200 totalExercise: $0.00→ Common Stock (8,200 underlying) - Exercise/Conversion
Common Stock
2014-02-27+8,200→ 41,814 total - Tax Payment
Common Stock
2014-02-27$128.07/sh−3,990$510,999→ 37,824 total - Exercise/Conversion
Performance Share Units
2014-02-27−8,200→ 0 total→ Common Stock (8,200 underlying)
Holdings
- 5,237.424(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]Shares of common stock acquired pursuant to the payout of a performance share unit grant made on February 22, 2011 (the "PSU").
- [F2]Shares of common stock withheld from the PSU payout to cover tax withholdings.
- [F3]The PSU paid out on February 27, 2014, and the number of shares awarded and paid out was determined based upon the cumulative earnings per share ("EPS") of Praxair, Inc. from 2011- 2013 measured against EPS goals set by the Compensation and Management Development Committee of the Board of Directors when the PSU was granted in 2011.