NORDSON CORP 4
4 · NORDSON CORP · Filed May 2, 2016
Insider Transaction Report
Form 4
NORDSON CORPNDSN
CARSON RANDY W
Director
Transactions
- Award
Common Shares
2016-03-08+5→ 23,595 total - Award
Common Shares
2016-03-08+32→ 23,627 total - Award
Common Shares
2016-04-29+211→ 23,838 total
Footnotes (3)
- [F1]Restricted share units ("RSU") accrued through dividend payments during the vesting period of the RSUs granted on November 1, 2015 pursuant to the 2012 Stock Incentive and Award Plan. The RSUs that accrued through dividend payments vest according to the related RSUs. If the participant ceases to be a director prior to the vesting date, the RSUs are forfeited on a pro-rata basis. Each RSU acquired from dividends is the economic equivalent to one share of Nordson common stock.
- [F2]Share equivalent units ("SEU") accrued through dividend payments pursuant to the Directors Deferred Compensation Plan. At time of distribution, SEUs convert to common shares on a one-for-one basis. Distribution is not permissible until participant ceases to be a Director.
- [F3]The reporting person has elected to receive SEUs in lieu of cash for payment of director retainer fees pursuant to the Directors Deferred Compensation Plan. At time of distribution, SEUs convert to common shares on a one-for-one basis. Distribution is not permissible until participant ceases to be a Director.