SEC Form 4 · accession 0001045309-16-000239
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
Nov 3, 2016
Accepted (ET)
Nov 7, 2016 · 3:49 pm EST
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 | Nov 3, 2016 | M | 80,561 | $39.02 | A | 311,844 | D | |
| Common Stock, par value $0.01 per shareF1,F3 | Nov 3, 2016 | S | 50,829 | $67.9038 | D | 261,015 | D | |
| Common Stock, par value $0.01 per shareF1,F4 | Nov 3, 2016 | S | 29,732 | $68.8999 | D | 231,283 | 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)F5,F1 | $39.02 | Nov 3, 2016 | M | 80,561 | D | — | Jun 28, 2017 | Common Stock | 80,561 | 80,560 | 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.
- F2Exercise and Sale pursuant to Rule 10b5-1 Trading Plan executed by the Reporting Person on February 25, 2016, for options expiring June 28, 2017.
- F3The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.52 to $68.51, inclusive. The reporting person undertakes to provide W. R. Grace & Co, any security holder of W. R. Grace & Co., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F4The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68,52 to $69.11, inclusive. The reporting person undertakes to provide W. R. Grace & Co, any security holder of W. R. Grace & Co., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F5Options became exercisable in three substantially equal annual installments beginning with the first vesting on June 28, 2013.