SEC Form 4 · accession 0001137411-15-000011
ROCKWELL COLLINS INC · COL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cheryl L Shavers
Director
Period of report
Jan 7, 2015
Accepted (ET)
Jan 8, 2015 · 4:22 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001137411
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Jan 7, 2015 | M | 4,598 | $46.11 | A | 9,230 | D | |
| Common Stock | Jan 7, 2015 | S | 4,598 | $85.00 | D | 4,632 | D | |
| Common StockF3 | holding | — | — | — | 17,336 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Director's Stock Option (Right to Buy)F4,F5 | $46.11 | Jan 7, 2015 | M | 4,598 | D | — | Feb 15, 2015 | Common Stock | 4,598 | 0 | D |
Explanation of responses
- F1The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 5, 2014.
- F24,632 of these shares are restricted shares and were delivered as compensation for services as a Director. The restricted shares are held by the Company to implement restrictions on transfer unless and until certain conditions are met.
- F3Restricted stock units awarded in lieu of cash director fees pursuant to the Company's 2006 Long-Term Incentives Plan. Shares of common stock underlying restricted stock units will be issued promptly after departure from the Board of Directors and includes dividend equivalents issued quarterly on the restricted stock units..
- F4Director stock options granted pursuant to the Company's stock based plans.
- F5The options are currently exercisable.