Mahoney Timothy O. 4
4 · HONEYWELL INTERNATIONAL INC · Filed Aug 2, 2019
Insider Transaction Report
Form 4
Mahoney Timothy O.
President & CEO, Aerospace
Transactions
- Exercise/Conversion
Common Stock
2019-07-31+33,494→ 201,275 total - Exercise/Conversion
Performance-Based Restricted Stock Units
2019-07-31−33,494→ 31,520 total→ Common Stock (33,494 underlying) - Tax Payment
Common Stock
2019-07-31$172.08/sh−14,855$2,556,248→ 186,420 total
Holdings
- 8,828(indirect: By 401(k))
Common Stock
Footnotes (4)
- [F1]Acquired pursuant to the settlement of Performance-Based Restricted Stock Units granted on July 29, 2016 under the 2016 stock Incentive Plan of Honeywell International Inc. and its Affiliates. The performance period of the Performance-Based Restricted Stock Units ended on July 31, 2019, and the shares vest in two installments on July 31, 2019 and July 31, 2021. As a result of Honeywell's cumulative Total Shareholder Return (TSR) for the 3-year performance period (August 1, 2016 - July 31, 2019) relative to its compensation peer group, the Performance-Based Restricted Stock Units were earned at 200% of target.
- [F2]The Performance-Based Restricted Stock Units were adjusted to increase the number of shares in a manner subject to the adjustment provisions of the AdvanSix Inc. spin-off from Honeywell which occurred on October 1, 2016; the Garrett Motion Inc. spin-off from Honeywell which occurred on October 1, 2018; and the Resideo Technologies, Inc. spin-off from Honeywell which occurred on October 29, 2018.
- [F3]Includes the reinvestment of dividend equivalents into 1,986 additional shares.
- [F4]Excludes the reinvestment of dividend equivalents during the performance period and vesting period.