4//SEC Filing
SUNDSTRAND CORP /DE/ 4
Accession 0001017679-99-000003
CIK 0000095395operating
Filed
Aug 10, 8:00 PM ET
Accepted
—
Size
15.7 KB
Accession
0001017679-99-000003
Insider Transaction Report
Form 4
No transactions or holdings reported in this filing.
Footnotes (4)
- [1]Exercise of stock options held by the Reporting Person on June 2, 1999, preceding the merger of Sundstrand Corporation into United Technologies Corporation ("UTC"). The exercise value of the options resulted in 28,252 shares of Sundstrand common stock, which were restricted, being issued. In connection with the merger with UTC, these shares were exchanged for the merger consideration of cash and UTC stock on June 10, 1999, with 15,764 UTC shares, which are restricted, being issued to the Reporting Person. (See Note 3 below.)
- [2]In connection with the merger with UTC, 21,400 restricted stock units held by the Reporting Person were released. The released units were exchanged for 21,400 shares of Sundstrand common stock which in turn were exchanged for the merger consideration of cash and UTC stock on June 10, 1999, with 11,941 UTC shares being issued to the Reporting Person. (See Note 3 below.)
- [3]In connection with the merger with UTC, the 71,458 shares of Sundstrand common stock held by the Reporting Person were exchanged for the merger consideration of cash and UTC stock on June 10, 1999, with 39,872 UTC shares being issued to the Reporting Person. Of the 39,872 UTC shares issued, 15,764 were related to Sundstrand common stock shares issued prior to the merger in connection with the exercise of stock options (see Note 1 above) and 11,941 were related to the release of restricted stock units (see Note 2 above).
- [4]In connection with the merger with UTC, shares held by the Reporting Person's spouse were exchanged for the merger consideration of cash and UTC stock on June 10, 1999. -----END PRIVACY-ENHANCED MESSAGE-----
Documents
Issuer
SUNDSTRAND CORP /DE/
CIK 0000095395
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000095395
Filing Metadata
- Form type
- 4
- Filed
- Aug 10, 8:00 PM ET
- Size
- 15.7 KB