SEC Form 4 · accession 0000897101-15-000058
VALSPAR CORP · VAL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary E Hendrickson
Officer — Chairman, President and CEO · Director
Period of report
Jan 8, 2015
Accepted (ET)
Jan 12, 2015 · 8:26 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000102741
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| common stock | Jan 8, 2015 | A | 27,152 | $86.55 | A | 126,734 | D | |
| common stock | holding | — | — | — | 68,324 | I | Trust | |
| common stock | holding | — | — | — | 11,595 | I | Trust | |
| common stock | holding | — | — | — | 7,328 | I | Trust | |
| common stockF1 | holding | — | — | — | 11,765 | I | Savings and Retirement Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| restricted stock unitsF2,F3 | — | Jan 8, 2015 | A | 16,609 | A | — | — | common stock | 16,609 | 16,609 | D |
Explanation of responses
- F1vested shares in Valspar Savings and Retirement Plan as of allocation date 10/31/14
- F2Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- F3The restricted stock units will vest on 1-08-2018 and shall be paid in shares of the Issuer's common stock.