SEC Form 4 · accession 0001045309-17-000071
W R GRACE & CO · GRA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark A Shelnitz
Officer — VP, GC and Secretary
Period of report
Jun 14, 2017
Accepted (ET)
Jun 16, 2017 · 4:12 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 | Jun 14, 2017 | M | 26,853 | $39.02 | A | 83,437 | D | |
| Common Stock, par value $0.01 per shareF1,F2,F3 | Jun 14, 2017 | S | 17,271 | $71.19 | D | 66,166 | D | |
| Common Stock, par value $0.01 per shareF1,F2,F4 | Jun 14, 2017 | S | 9,582 | $71.88 | D | 56,584 | D | |
| Common Stock, par value $0.01 per shareF1,F5 | holding | — | — | — | 11,854 | I | By Trust |
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)F6,F1 | $39.02 | Jun 14, 2017 | M | 26,853 | D | — | Jun 28, 2017 | Common Stock | 26,853 | 0 | 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 with an effective date of November 4, 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 $70.770 to $71.750, 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 $71.770 to $72.050, 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.
- F5Such shares are held in a trust established by the issuer for the benefit of certain officers and directors.
- F6Options became exercisable in substantially equal annual installments on each of the first, second and third anniversaries of the June 28, 2012 grant date.