Barrett David M 4
4 · BARD C R INC /NJ/ · Filed Jan 3, 2018
Insider Transaction Report
Form 4
Barrett David M
Director
Transactions
- Award
Phantom Stock Units
2017-12-29$331.24/sh+82.12$27,201→ 3,817.61 total→ Common Stock (82.12 underlying) - Disposition to Issuer
Share Equivalent Units
2017-12-29−5,174→ 0 total→ Common Stock (5,174 underlying) - Disposition to Issuer
Common Stock
2017-12-29−1,910.004→ 0 total - Disposition to Issuer
Phantom Stock Units
2017-12-29−3,817.61→ 0 total→ Common Stock (3,817.61 underlying)
Footnotes (8)
- [F1]This Form 4 is being filed in connection with the December 29, 2017 closing of the merger (the "Merger") of Lambda Corp. ("Lambda") with and into C. R. Bard, Inc. ("Bard") pursuant to the Agreement and Plan of Merger, dated as of April 23, 2017, among Bard, Becton, Dickinson and Company ("BD") and Lambda. Upon the closing of the Merger, each outstanding share of Bard common stock was converted into the right to receive $222.93 in cash (without interest) and 0.5077 of a share of BD common stock (the "Merger Consideration").
- [F2]Units are credited under the Company's Deferred Compensation Contract, Deferral of Directors' Fees.
- [F3]Conversion is 1 for 1.
- [F4]Phantom stock units are settled in cash upon termination of service as director.
- [F5]Includes 6.03 units for dividend credits.
- [F6]These units, which are 100% vested, were paid out in cash in accordance with the Merger Agreement.
- [F7]Units granted under the Company's Stock Equivalent Plan for Outside Directors.
- [F8]These units, which are 100% vested, were assumed by BD at the effective time of the Merger.