SEC Form 4 · accession 0001225208-18-000346
DuPont de Nemours, Inc. · DD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Raymond J Milchovich
Director
Period of report
Jan 1, 2018
Accepted (ET)
Jan 3, 2018 · 4:42 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001666700
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 1, 2018 | M | 198,334 | $50.42 | A | 212,225 | D | |
| Common StockF1 | Jan 1, 2018 | S$0 | 198,334 | $0.00 | D | 13,891 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation Rights Payable 2018 (2018 SAR)F2,F1 | $50.42 | Jan 1, 2018 | M | 198,334 | D | — | — | Common Stock | 198,334 | 0 | D |
Explanation of responses
- F1Vesting of the 2018 stock appreciation right that will be settled in cash. The appreciation amount payable by Third Point LLC, if any, will be based upon the difference between $50.42 and the volume weighted average price of the Issuer's Common Stock during the 30 day period prior to January 1, 2018. The appreciation amount is payable within 30 days following January 1, 2018.
- F2Pursuant to an agreement between the Reporting Person and Third Point LLC, the Reporting Person received a stock appreciation right payable in 2018 and a stock appreciation right payable in 2020 subject to continued service as a director by the Reporting Person on the applicable vesting date, subject to certain exceptions.