SCHLUETER RICHARD J 4
4 · EMERSON ELECTRIC CO · Filed Oct 3, 2017
Insider Transaction Report
Form 4
SCHLUETER RICHARD J
VP & Chief Accounting Officer
Transactions
- Exercise/Conversion
Common Stock
2017-09-30+10,320→ 88,067 total - Tax Payment
Common Stock
2017-09-30$62.80/sh−3,442$216,175→ 84,625 total - Tax Payment
Common Stock
2017-10-01$62.98/sh−1,668$105,059→ 82,957 total - Exercise/Conversion
Restricted Stock Units
2017-09-30−10,320→ 0 total→ Common Stock (10,320 underlying)
Holdings
- 3,309.569(indirect: By 401(k))
Common Stock
- 1,671.786(indirect: By 401(k))
Common Stock
Footnotes (7)
- [F1]Vesting of 10,320 restricted stock units exempt pursuant to Rule 16b-3. The restricted stock units were acquired upon payout of 40% (10,320 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, 2016. 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]Shares withheld for required minimum taxes upon vesting of previously reported stock grant under shareholder approved benefit plan exempt pursuant to Rule 16b-3.
- [F6]Fair market value on date of the vesting described in Note 5.
- [F7]Each restricted stock unit represented a contingent right to receive one share of the Issuer's common stock.