SEC Form 4 · accession 0000014930-16-000227
BRUNSWICK CORP · BC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Metzger
Officer — SR. VICE PRESIDENT AND CFO
Period of report
Jul 15, 2016
Accepted (ET)
Jul 18, 2016 · 4:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000014930
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jul 15, 2016 | M | 8,000 | $33.00 | A | 111,750 | D | |
| Stock Settled Stock Appreciation Right | Jul 15, 2016 | M | 25,000 | $17.06 | A | 136,750 | D | |
| Common Stock | Jul 15, 2016 | D | 13,943 | $49.5209 | D | 122,807 | D | |
| Common StockF2 | Jul 15, 2016 | S | 19,051 | $49.5209 | D | 103,756 | D | |
| Common Stock | holding | — | — | — | 1,101 | I | By Svgs Plan Trustee |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Settled Stock Appreciation RightF3,F4 | $33.00 | Jul 15, 2016 | M | 8,000 | D | — | Feb 13, 2017 | Common Stock | 8,000 | 0 | D |
| Stock Settled Stock Appreciation RightF3,F4 | $17.06 | Jul 15, 2016 | M | 25,000 | D | — | Feb 28, 2018 | Common Stock | 25,000 | 0 | D |
Explanation of responses
- F1Beneficial holdings include 221 shares acquired pursuant to dividend reinvestment in March and June, 2016.
- F2The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.50 to $49.59 inclusive.
- F3Employee Stock-Settled Stock Appreciation Right granted in 2007 and 2008 under the Brunswick Corporation 2003 Stock Incentive Plan.
- F4Currently all shares are exercisable.
Remarks
These transactions were effected pursuant to a Rule 10b5-1 trading plan adopted on May 5, 2016.