SEC Form 4 · accession 0001045309-18-000069
W R GRACE & CO · GRA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William C. Dockman
Officer — VP and Controller
Period of report
May 7, 2018
Accepted (ET)
May 9, 2018 · 7:35 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 | May 7, 2018 | M | 3,849 | — | A | 5,920 | D | |
| Common Stock, par value $0.01 per share | May 7, 2018 | F | 1,275 | $69.99 | D | 4,645 | D |
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,F3 | — | May 7, 2018 | M | 3,849 | D | — | — | Common Stock | 3,849 | 857 | D |
| Restricted Stock UnitsF2,F4 | — | May 8, 2018 | A | 884 | A | — | — | Common Stock | 884 | 1,741 | D |
| Restricted Stock UnitsF2,F5 | — | May 8, 2018 | A | 1,768 | A | — | — | Common Stock | 1,768 | 3,509 | D |
| Employee Stock Options (rights to buy)F6 | $70.715 | May 8, 2018 | A | 4,684 | A | — | May 8, 2023 | Common Stock | 4,684 | 4,684 | D |
Explanation of responses
- F1Restricted stock units converted into Common Stock on a one-for-one basis.
- F2Each Restricted Stock Unit represents a contingent right to receive one share of Common Stock or at the Issuer's election, the cash value thereof.
- F3Restricted stock units vested and settled on May 7, 2018.
- F4Restricted Stock Units vest in three substantially equal annual installments beginning on May 8, 2019 and will be settled within 60 days of those vesting dates.
- F5Restricted Stock Units vest on May 8, 2019, or termination date (earliest date is December 31, 2018), whichever is earlier, and will settle within 60 days of the vesting date.
- F6Options become exercisable in three substantially equal annual installments beginning on May 8, 2019.