EMERSON ELECTRIC CO 4
4 · EMERSON ELECTRIC CO · Filed Oct 2, 2014
Insider Transaction Report
Form 4
STEEVES FRANK L
Sr. VP, Secy & Gen. Counsel
Transactions
- Tax Payment
Common Stock
2014-09-30$62.76/sh−19,622$1,231,477→ 141,888 total - Exercise/Conversion
Common Stock
2014-09-30+40,920→ 161,510 total - Exercise/Conversion
Restricted Stock Units
2014-09-30−40,920→ 0 total→ Common Stock (40,920 underlying)
Holdings
- 3,532.226(indirect: By 401(k))
Common Stock
- 1,165.941(indirect: By 401(k))
Common Stock
Footnotes (5)
- [F1]Vesting of 40,920 restricted stock units exempt pursuant to Rule 16b-3. The restricted stock units were acquired upon payout of 40% (40,920 units) of the earned performance share award under a shareholder-approved benefit plan. The payout was based on the level of achievement of financial targets for the performance period ended September 30, 2013. The restricted stock units were subject to a one-year vesting period. The payout of the other 60% was previously reported.
- [F2]Price is not applicable to the acquisition or vesting of the restricted stock units described in Note 1 or to the acquisition of Issuer common stock upon such vesting.
- [F3]Shares withheld for required minimum taxes upon vesting of restricted stock units described in Note 1 exempt pursuant to Rule 16b-3.
- [F4]Fair market value on date of the vesting described in Note 1.
- [F5]Each restricted stock unit represented a contingent right to receive one share of the Issuer's common stock.