SEC Form 4 · accession 0001045309-18-000022
W R GRACE & CO · GRA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Keith N Cole
Officer — VP, Govt. Relations and EHS
Period of report
Feb 22, 2018
Accepted (ET)
Feb 26, 2018 · 5:11 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 $.01 per shareF1,F2 | Feb 23, 2018 | M | 1,073 | — | A | 6,995 | D | |
| Common Stock, par value $.01 per shareF1 | Feb 23, 2018 | F | 570 | $67.72 | D | 6,425 | 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)F3,F1 | $67.335 | Feb 22, 2018 | A | 9,189 | A | — | Feb 22, 2023 | Common Stock | 9,189 | 9,189 | D |
| Restricted Stock UnitsF4,F5,F1 | — | Feb 22, 2018 | A | 1,671 | A | — | — | Common Stock | 1,671 | 7,252 | D |
| Restricted Stock UnitsF4,F6,F1 | — | Feb 23, 2018 | M | 1,073 | D | — | — | Common Stock | 1,073 | 6,179 | 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.
- F2Restricted stock units converted into Common Stock on a one-for-one basis.
- F3Options become exercisable in three substantially equal annual installments beginning on February 22, 2019.
- F4Each Restricted Stock Unit represents a contingent right to receive one share of Common Stock or at the Issuer's election, the cash value thereof.
- F5Restricted Stock Units vest in three substantially equal annual installments beginning on February 22, 2019 and will be settled within 60 days of those vesting dates.
- F6On February 25, 2016, the reporting person was granted 1,643 stock units, vesting annually in three substantially equal installments beginning on February 24, 2017; 548 of these stock units vested and settled on February 23, 2018. On February 23, 2017, the reporting person was granted 1,575 stock units, vesting in three substantially equal installments beginning on February 23, 2018; 525 of these stock units vested and settled on February 23, 2018.