SEC Form 4 · accession 0001225208-15-004979
Enpro Inc. · NPO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen E. Macadam
Officer — President and CEO · Director
Period of report
Feb 18, 2015
Accepted (ET)
Feb 20, 2015 · 3:43 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001164863
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 18, 2015 | A | 8,973 | $64.54 | A | 188,961 | D | |
| Common StockF2 | Feb 18, 2015 | F | 3,238 | $64.54 | D | 185,723 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock (MSPP)F3 | — | Feb 18, 2015 | A | 5,637 | A | — | — | Common Stock | 5,637 | 10,127 | D |
| Restricted Stock UnitsF4,F5 | — | Feb 18, 2015 | A | 13,164 | A | Feb 18, 2018 | — | Common Stock | 13,164 | 13,164 | D |
| Restricted Stock Units (MSPP)F4,F6 | — | Feb 18, 2015 | A | 1,409 | A | — | — | Common Stock | 1,409 | 2,531 | D |
Explanation of responses
- F1Shares awarded under the EnPro Industries, Inc. Long-Term Incentive Plan.
- F2Shares surrendered to Issuer to cover the tax liability of the award.
- F3Each Phantom Stock (MSPP) is the economic equivalent of one share of common stock. The Phantom Stock (MSPP) become payable, in cash, at the date of the reporting person's separation of service as an employee.
- F4Restricted stock units awarded under the Amended and Restated 2002 Equity Compensation Plan. Each restricted stock unit represents a contingent right to receive one share of NPO common stock and cash payment equal to dividends paid on a share of common stock since the date of grant.
- F5The restricted stock units will vest on the third anniversary of the grant date.
- F6The restricted stock units will vest on the third anniversary of the grant date and delivery of shares under vested restricted stock units will be deferred pursuant to the EnPro Industries, Inc. Management Stock Purchase Deferral Plan.