SEC Form 4 · accession 0000897101-16-003002
VALSPAR CORP · VAL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James L Muehlbauer
Officer — EVP and CFO
Period of report
Sep 27, 2016
Accepted (ET)
Sep 29, 2016 · 5:50 pm EDT
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 | holding | — | — | — | 19,086 | D | ||
| Common stockF1 | holding | — | — | — | 145 | 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 | — | Sep 27, 2016 | A | 14,850 | A | — | — | Common stock | 14,850 | 14,850 | D |
Explanation of responses
- F1Vested shares in Valspar Savings and Retirement Plan as of allocation date 10/30/15.
- F2Grant of time-based restricted stock units where each restricted stock unit represents a right to receive one share of the Issuer's common stock. The restricted stock units will vest on September 27, 2019 and shall be paid in shares of the Issuer's common stock.