EMERSON ELECTRIC CO 4
4 · EMERSON ELECTRIC CO · Filed Nov 7, 2013
Insider Transaction Report
Form 4
ASHMORE CRAIG W
Exec. VP - Planning & Develop.
Transactions
- Award
Common Stock
2013-11-05+29,043→ 183,259 total - Award
Restricted Stock Units
2013-11-05+37,200→ 37,200 total→ Common Stock (37,200 underlying)
Holdings
- 1,684.176(indirect: By 401(k))
Common Stock
- 4,176.444(indirect: By 401(k))
Common Stock
Footnotes (4)
- [F1]Acquisition of 29,043 shares pursuant to Rule 16b-3 upon payout of 60% (55,800 units) of earned performance share award under shareholder-approved benefit plan. The payout was based on the level of achievement of financial targets for the performance period ended September 30, 2013. Of these 55,800 units, 29,043 units were paid in shares of Issuer stock, with the remaining 26,757 units paid in cash to cover the reporting person's tax obligations.
- [F2]Price is not applicable to acquisitions described in Note 1 and Note 3.
- [F3]Acquisition of 37,200 restricted stock units pursuant to Rule 16b-3 upon payout of 40% of earned performance share award under shareholder-approved benefit plan described in Note 1. The restricted stock units are subject to a one-year vesting period.
- [F4]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.