PRAXAIR INC 4

Accession 0000884905-17-000009

CIK 0000884905operating

Filed

Feb 28, 7:00 PM ET

Accepted

Mar 1, 4:37 PM ET

Size

24.8 KB

Accession

0000884905-17-000009

Form 4

Period: 2017-02-27

Senior Vice President

Transactions

Exercise/Conversion
Common Stock
2017-02-27+2,394→ 41,829 total
Award
Performance Share Units
2017-02-27+2,394→ 2,394 total
Exercise: $0.00→ Common Stock (2,394 underlying)
Tax Payment
Common Stock
2017-02-27$118.11/sh−823$97,205→ 41,006 total
Award
Stock Option (right to buy)
2017-02-28+69,025→ 69,025 total
Exercise: $118.71From: 2018-02-28Exp: 2027-02-28→ Common Stock (69,025 underlying)
Exercise/Conversion
Performance Share Units
2017-02-27−2,394→ 0 total
→ Common Stock (2,394 underlying)

Holdings

Stock Option (right to buy)
Exercise: $109.68From: 2013-02-28Exp: 2022-02-28→ Common Stock (43,005 underlying)
43,005
Stock Option (right to buy)
Exercise: $102.22From: 2017-02-23Exp: 2026-02-23→ Common Stock (88,945 underlying)
88,945
Deferred Stock
Exercise: $0.00→ Common Stock (793.619 underlying)
793.619
Common Stock
(indirect: By Trust)
1,805
Stock Option (right to buy)
Exercise: $128.38From: 2016-02-24Exp: 2025-02-24→ Common Stock (47,375 underlying)
47,375
Stock Option (right to buy)
Exercise: $97.84From: 2012-02-22Exp: 2021-02-22→ Common Stock (42,880 underlying)
42,880
Stock Option (right to buy)
Exercise: $128.80From: 2015-02-25Exp: 2024-02-25→ Common Stock (37,305 underlying)
37,305
Stock Option (right to buy)
Exercise: $110.58From: 2014-02-26Exp: 2023-02-26→ Common Stock (35,220 underlying)
35,220

Footnotes (11)

[F1]Shares of common stock acquired pursuant to the payout of a performance share unit grant made on February 25, 2014 (the "PSU").
[F10]Conversion to Praxair Common Stock is on a 1-for-1 basis.
[F11]Deferred stock units acquired under the Praxair, Inc. Compensation Deferral Plan as amended ("Deferral Plan") and are to be settled in Praxair Common Stock.
[F2]Includes unvested restricted stock units.
[F3]Shares of common stock withheld from the PSU payout to cover tax withholdings.
[F4]The PSU paid out on February 27, 2017 and the number of shares awarded and paid out was determined based upon the average annual return on capital ("ROC") of Praxair, Inc. from 2014 - 2016 measured against ROC goals set by the Compensation and Management Development Committee of the Board of Directors when the PSU was granted in 2014.
[F5]This options vests over three years in three consecutive equal annual installments beginning on February 28, 2018.
[F6]This option became exercisable in three (3) equal annual installments beginning on the first anniversary of the date of grant.
[F7]This option vests over three years in three consecutive equal annual installments beginning on February 25, 2015.
[F8]This option vests over three years in three consecutive equal annual installments beginning on February 24, 2016.
[F9]This option vests over three years in three consecutive equal annual installments beginning on February 23, 2017.

Documents

1 file

PRAXAIR INC

CIK 0000884905

Entity typeoperating

IncorporatedDE