SEC Form 4 · accession 0001045309-15-000074
W R GRACE & CO · GRA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alfred E Festa
Officer — Chairman and CEO · Director
Period of report
May 7, 2015
Accepted (ET)
May 11, 2015 · 5:27 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001045309
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per shareF1,F2,F3,F4,F5 | May 7, 2015 | A | 22,134 | $0.00 | A | 172,651 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Options (rights to buy)F2,F6,F1 | $96.005 | May 7, 2015 | A | 110,671 | A | — | May 7, 2020 | Common Stock | 110,671 | 110,671 | D |
Explanation of responses
- F1Each share of Common Stock also represents one Preferred Stock Purchase Right. Each such Right entitles the holder to purchase Preferred Stock or other securities or property upon the occurrence of certain events and subject to certain conditions.
- F2Granted at a regularly scheduled Compensation Committee meeting on May 7, 2015.
- F3Shares of W. R. Grace & Co. ("Grace") Common Stock acquired pursuant to a grant of restricted stock units ("RSUs") pursuant to the Grace 2014 Stock Incentive Plan. Each RSU represents a contingent right to receive one share of Grace Common Stock.
- F4The RSUs vest in one installment on May 7, 2018.
- F5Includes 22,134 unvested shares acquired pursuant to the award of RSUs described in Footnote 3.
- F6Options become exercisable in three substantially equal annual installments beginning on May 6, 2016; May 5, 2017; and May 7, 2018.