AIRGAS INC 4

Accession 0001289895-16-000182

CIK 0000804212operating

Filed

May 23, 8:00 PM ET

Accepted

May 24, 3:33 PM ET

Size

23.0 KB

Accession

0001289895-16-000182

Form 4

Period: 2016-05-23

Division President - West

Transactions

Disposition to Issuer
Stock Option (Right to Buy)
2016-05-23−10,400→ 0 total
Exercise: $43.06Exp: 2017-05-19→ Common Stock (10,400 underlying)
Disposition to Issuer
Stock Option (Right to Buy)
2016-05-23−6,200→ 0 total
Exercise: $91.92Exp: 2020-05-08→ Common Stock (6,200 underlying)
Disposition to Issuer
Stock Option (Right to Buy)
2016-05-23−10,800→ 0 total
Exercise: $104.64Exp: 2022-05-20→ Common Stock (10,800 underlying)
Disposition to Issuer
Common Stock
2016-05-23$143.00/sh−4,523.662$646,884→ 0 total
Disposition to Issuer
Stock Option (Right to Buy)
2016-05-23−6,500→ 0 total
Exercise: $66.50Exp: 2019-05-17→ Common Stock (6,500 underlying)
Disposition to Issuer
Stock Option (Right to Buy)
2016-05-23−10,800→ 0 total
Exercise: $103.62Exp: 2023-05-19→ Common Stock (10,800 underlying)
Disposition to Issuer
Phantom Stock
2016-05-23$143.00/sh−793.59$113,483→ 0 total
→ Common Stock (793.59 underlying)
Disposition to Issuer
Stock Option (Right to Buy)
2016-05-23−7,200→ 0 total
Exercise: $62.23Exp: 2018-05-25→ Common Stock (7,200 underlying)
Disposition to Issuer
Stock Option (Right to Buy)
2016-05-23−12,000→ 0 total
Exercise: $102.85Exp: 2021-05-21→ Common Stock (12,000 underlying)

Footnotes (3)

[F1]Disposed of pursuant to an Agreement and Plan of Merger, dated as of November 17, 2015, among the Issuer, L'Air Liquide, S.A. and AL Acquisition Corporation, an indirect wholly owned subsidiary of Air Liquide ("Merger Agreement"), in exchange for the cash merger consideration of $143.00 per share of Airgas, Inc. common stock disposed of by the reporting person in connection with the merger.
[F2]Pursuant to the Merger Agreement, each stock option outstanding on the effective date of the merger, whether vested or unvested, was canceled in exchange for a cash payment equal to the product of (x) the excess of the cash per share merger consideration ($143.00) over the exercise price of the stock option and (y) the number of shares of common stock subject to the option on the effective day of the merger.
[F3]Represents phantom stock acquired pursuant to Airgas, Inc.'s deferred compensation plan. Pursuant to the Merger Agreement, on the effective date of the merger, all notional investments denominated in Airgas, Inc. common stock in the deferred compensation plan were converted into notional investments in cash, based on the merger consideration of $143.00 per share, and the notional cash was deemed reinvested in other investment funds available under the plan.

Documents

1 file

AIRGAS INC

CIK 0000804212

Entity typeoperating

IncorporatedDE