4//SEC Filing
Shelnitz Mark A 4
Accession 0001045309-21-000002
CIK 0001045309other
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 5:49 PM ET
Size
17.6 KB
Accession
0001045309-21-000002
Insider Transaction Report
Form 4
Shelnitz Mark A
VP, Gen Cnsl and Secretary
Transactions
- Exercise/Conversion
Common Stock, par value $0.01 per share
2020-12-31+1,745→ 69,949 total - Tax Payment
Common Stock, par value $0.01 per share
2020-12-31$54.82/sh−274$15,021→ 69,104 total - Exercise/Conversion
Restricted Stock Units
2020-12-31−1,745→ 2,590 total→ Common Stock (1,745 underlying) - Disposition to Issuer
Restricted Stock Units
2020-12-31−2,590→ 0 total→ Common Stock (2,590 underlying) - Disposition to Issuer
Employee Stock Options (rights to buy)
2020-12-31−10,396→ 3,998 totalExercise: $55.41Exp: 2023-12-31→ Common Stock (10,396 underlying) - Tax Payment
Common Stock, par value $0.01 per share
2020-12-31$54.62/sh−571$31,188→ 69,378 total
Holdings
- 7,569
Employee Stock Options (rights to buy)
Exercise: $78.11Exp: 2023-12-31→ Common Stock (7,569 underlying) - 12,624(indirect: By Trust)
Common Stock, par value $0.01 per share
Footnotes (9)
- [F1]On February 22, 2018, the reporting person was granted 2,042 stock units, 566 of these stock units vested and settled on December 31, 2020. On February 25, 2019, the reporting person was granted 1,760 stock units, 489 of these stock units vested and settled on December 31, 2020. On February 27, 2020, the reporting person was granted 2,482 stock units, 690 of these stock units vested and settled on December 31, 2020. The foregoing vesting occurred due to the officer's retirement and in accordance with the original terms of the award.
- [F2]Restricted stock units converted into Common Stock on a one-for-one basis.
- [F3]Such shares are held in a trust established by the issuer for the benefit of certain officers and directors.
- [F4]Each Restricted Stock Unit represents a contingent right to receive one share of Common Stock or at the Issuer's election, the cash value thereof.
- [F5]Restricted Stock Units are being forfeited due to the officer's retirement in accordance with the original terms of the award.
- [F6]Due to the officer's retirement and in accordance with the original terms of the award - of the original grant of 14,394 employee stock options, 10,396 were forfeited and 3,998 prorated employee stock options vested on December 31, 2020.
- [F7]Due to the officer's retirement and in accordance with the original terms of the award, the expiration date was changed from February 27, 2030 to December 31, 2023.
- [F8]Options become exercisable in three substantially equal annual installments beginning on February 25, 2020.
- [F9]Due to the officer's retirement and in accordance with the original terms of the award, the expiration date was changed from February 25, 2029 to December 31, 2023.
Documents
Issuer
W R GRACE & CO
CIK 0001045309
Entity typeother
Related Parties
1- filerCIK 0001325901
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 5:49 PM ET
- Size
- 17.6 KB