AIRGAS INC 4
4 · AIRGAS INC · Filed Jan 5, 2016
Insider Transaction Report
Form 4
AIRGAS INCARG
CLANCEY JOHN P
Director
Transactions
- Award
Phantom Stock
2015-12-31$138.32/sh+11.8$1,632→ 3,082 total→ Common Stock (11.8 underlying)
Footnotes (4)
- [F1]Acquired pursuant to Airgas, Inc.'s deferred compensation plan as a result of the reinvestment under the plan of dividends declared and paid with respect to shares of Airgas, Inc. common stock underlying the phantom stock.
- [F2]Each share of phantom stock represents the right to receive the cash value of one share of Airgas, Inc. common stock.
- [F3]Shares of phantom stock are payable in cash following the reporting person's termination of service as a director with Airgas, Inc. or as determined by the reporting person in accordance with the terms and conditions of the plan. The reporting person may transfer his phantom stock account into an alternative investment account under the plan at any time.
- [F4]Determined based on the dollar value of the reporting person's deferred compensation plan account and the closing price per share of Airgas, Inc. common stock on the date of the transaction.