SEC Form 4 · accession 0001209191-15-022435
Xylem Inc. · XYL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth Napolitano
Officer — Senior Vice President
Period of report
Mar 2, 2015
Accepted (ET)
Mar 4, 2015 · 5:53 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001524472
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 2, 2015 | F | 3,718 | $36.17 | D | 50,578 | D | |
| Common Stock | Mar 3, 2015 | M | 9,859 | $29.805 | A | 60,437 | D | |
| Common StockF2 | Mar 3, 2015 | S | 9,859 | $36.1336 | D | 50,578 | D | |
| Common StockF3 | holding | — | — | — | 1,348 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F4 | $29.805 | Mar 3, 2015 | M | 9,859 | D | — | Mar 10, 2015 | Common Stock | 9,859 | 0 | D |
Explanation of responses
- F1Reflects the withholding of shares of Common Stock to pay the tax liability incident to the vesting of shares of restricted stock granted on March 2, 2012 under the Xylem 2011 Omnibus Incentive Plan.
- F2This price represents the approximate weighted average price per share of common stock (each, a "Share") of Xylem Inc. (the "Issuer"), of sales that were executed at prices ranging from $35.95 to $36.21 per Share. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of Shares sold at each price.
- F3As of December 31, 2014.
- F4These options are fully vested and exercisable.