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4//SEC Filing

SUNDSTRAND CORP /DE/ 4

Accession 0001049926-99-000004

CIK 0000095395operating

Filed

Aug 10, 8:00 PM ET

Accepted

Size

10.4 KB

Accession

0001049926-99-000004

Insider Transaction Report

Form 4
Period: 1999-06-30

No transactions or holdings reported in this filing.

Footnotes (4)
  • [1]Acquisition by Reporting Person pursuant to dividend reinvestment on Sundstrand stock held in account with Smith Barney.
  • [2]In connection with the merger with UTC, 16,000 Sundstrand stock options held by the Reporting Person were converted to 17,702 UTC stock options. Of the 16,000 Sundstrand stock options held by the Reporting Person prior to the conversion to UTC options, 2,500 were at an exercise price of $19.3125, 2,500 were at an exercise price of $22.375, 2,250 were at an exercise price of $38.9375, 3,000 were at an exercise price of $51.3125, and 5,000 were at an exercise price of $50.5938.
  • [3]In connection with the merger with UTC, 1,200 restricted stock units held by the Reporting Person were released. The released units were exchanged for 1,200 shares of Sundstrand common stock, which in turn were exchanged for the merger consideration of cash and UTC stock on June 10, 1999, with 669 UTC shares being issued to the Reporting Person. (See Note 4 below.)
  • [4]In connection with the merger with UTC, the 7,778 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 4,340 UTC shares being issued to the Reporting Person. Of the 4,340 UTC shares issued, 669 were related to the release of restricted stock units (see Note 3 above). -----END PRIVACY-ENHANCED MESSAGE-----

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
10.4 KB