SEC Form 4 · accession 0001110783-17-000012
MONSANTO CO /NEW/ · MON
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael K Stern
Officer — VP, and CEO, Climate
Period of report
Jan 25, 2017
Accepted (ET)
Jan 27, 2017 · 4:06 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001110783
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 25, 2017 | X | 5,670 | $89.45 | A | 20,534 | D | |
| Common StockF1,F2 | Jan 25, 2017 | S | 5,670 | $110.0004 | D | 14,864 | D | |
| Common Stock | holding | — | — | — | 4,264 | I | By 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (Right to Buy)F3 | $89.45 | Jan 25, 2017 | X | 5,670 | D | Nov 15, 2009 | Oct 20, 2018 | Common Stock | 5,670 | 0 | D |
Explanation of responses
- F1The sale and stock option exercise reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on April 13, 2016.
- F2This price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions reported on this line ranged from $110.00 to $110.01. Upon request by the Commission staff, the issuer or a security holder of the issuer, the reporting person will undertake to provide full information regarding the number of shares sold at each separate price.
- F3One-third of the options became exercisable on November 15, 2009, one-third of the options became exercisable on November 15, 2010 and the remainder of the options became exercisable on November 15, 2011, subject to the terms and conditions of the Monsanto Company 2005 Long Term Incentive Plan.