Sharp Robert T 4
4 · EMERSON ELECTRIC CO · Filed Oct 3, 2017
Insider Transaction Report
Form 4
Sharp Robert T
Exec. Pres. Comm & Res. Sols.
Transactions
- Exercise/Conversion
Common Stock
2017-09-30+14,620→ 78,910 total - Tax Payment
Common Stock
2017-09-30$62.80/sh−4,876$306,237→ 74,034 total - Exercise/Conversion
Restricted Stock Units
2017-09-30−14,620→ 0 total→ Common Stock (14,620 underlying)
Holdings
- 628.208(indirect: By 401(k))
Common Stock
- 8.45(indirect: Profit Sharing Plan)
Common Stock
- 347.354(indirect: By 401(k))
Common Stock
Footnotes (5)
- [F1]Vesting of 14,620 restricted stock units exempt pursuant to Rule 16b-3. The restricted stock units were acquired upon payout of 40% (14,620 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]Each restricted stock unit represented a contingent right to receive one share of the Issuer's common stock.