SEC Form 4 · accession 0001562180-17-000322
CLARCOR INC. · CLC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher Conway
Officer — President and CEO
Period of report
Jan 20, 2017
Accepted (ET)
Jan 23, 2017 · 5:33 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000020740
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock Par Value $1.00F1 | Jan 20, 2017 | M | 2,500 | $83.00 | A | 12,461 | D | |
| Common Stock Par Value $1.00 | Jan 20, 2017 | F | 990 | $83.00 | D | 11,471 | D | |
| Common Stock Par Value $1.00 | Jan 23, 2017 | M | 5,000 | $36.48 | A | 16,471 | D | |
| Common Stock Par Value $1.00F2 | Jan 23, 2017 | F | 3,427 | $83.00 | D | 13,044 | D | |
| Common Stock Par Value $1.00 | Jan 23, 2017 | M | 10,000 | $32.78 | A | 23,044 | D | |
| Common Stock Par Value $1.00F2 | Jan 23, 2017 | F | 6,488 | $83.00 | D | 16,556 | D | |
| Common Stock Par Value $1.00 | Jan 23, 2017 | M | 15,000 | $32.30 | A | 31,556 | D | |
| Common Stock Par Value $1.00F2 | Jan 23, 2017 | F | 9,682 | $83.00 | D | 21,874 | D | |
| Common Stock Par Value $1.00 | Jan 23, 2017 | M | 40,000 | $42.86 | A | 61,874 | D | |
| Common Stock Par Value $1.00F2 | Jan 23, 2017 | F | 28,771 | $83.00 | D | 33,103 | D | |
| Common Stock Par Value $1.00 | Jan 23, 2017 | M | 70,000 | $49.91 | A | 103,103 | D | |
| Common Stock Par Value $1.00F2 | Jan 23, 2017 | F | 53,800 | $83.00 | D | 49,303 | D | |
| Common Stock Par Value $1.00 | Jan 23, 2017 | M | 100,000 | $45.19 | A | 149,303 | D | |
| Common Stock Par Value $1.00F2 | Jan 23, 2017 | F | 73,556 | $83.00 | D | 75,747 | D | |
| Common Stock Par Value $1.00 | Jan 23, 2017 | M | 86,250 | $61.57 | A | 161,997 | D | |
| Common Stock Par Value $1.00F2 | Jan 23, 2017 | F | 73,323 | $83.00 | D | 88,674 | D | |
| Common Stock Par Value $1.00 | Jan 23, 2017 | M | 60,000 | $63.22 | A | 148,674 | D | |
| Common Stock Par Value $1.00F2 | Jan 23, 2017 | F | 51,700 | $83.00 | D | 96,974 | D | |
| Common Stock Par Value $1.00 | Jan 23, 2017 | M | 30,000 | $46.45 | A | 126,974 | D | |
| Common Stock Par Value $1.00F2 | Jan 23, 2017 | F | 22,332 | $83.00 | D | 104,642 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Par Value $1.00F3 | $63.22 | Jan 20, 2017 | M | 2,500 | D | — | — | Common Stock Par Value $1.00 | 2,500 | 5,000 | D |
| Common Stock Par Value $1.00 | $36.48 | Jan 23, 2017 | M | 5,000 | D | Dec 16, 2011 | Dec 15, 2017 | Common Stock Par Value $1.00 | 5,000 | 0 | D |
| Common Stock Par Value $1.00 | $32.78 | Jan 23, 2017 | M | 10,000 | D | Dec 14, 2012 | Dec 13, 2018 | Common Stock Par Value $1.00 | 10,000 | 0 | D |
| Common Stock Par Value $1.00 | $32.30 | Jan 23, 2017 | M | 15,000 | D | Dec 13, 2013 | Dec 13, 2019 | Common Stock Par Value $1.00 | 15,000 | 0 | D |
| Common Stock Par Value $1.00 | $42.86 | Jan 23, 2017 | M | 40,000 | D | Dec 13, 2014 | Dec 12, 2020 | Common Stock Par Value $1.00 | 40,000 | 0 | D |
| Common Stock Par Value $1.00 | $49.91 | Jan 23, 2017 | M | 70,000 | D | Dec 12, 2015 | Dec 11, 2021 | Common Stock Par Value $1.00 | 70,000 | 0 | D |
| Common Stock Par Value $1.00 | $45.19 | Jan 23, 2017 | M | 100,000 | D | Dec 17, 2016 | Dec 16, 2022 | Common Stock Par Value $1.00 | 100,000 | 0 | D |
| Common Stock Par Value $1.00 | $61.57 | Jan 23, 2017 | M | 86,250 | D | Dec 16, 2016 | Dec 15, 2023 | Common Stock Par Value $1.00 | 86,250 | 28,750 | D |
| Common Stock Par Value $1.00 | $63.22 | Jan 23, 2017 | M | 60,000 | D | Jan 20, 2017 | Jan 19, 2025 | Common Stock Par Value $1.00 | 60,000 | 60,000 | D |
| Common Stock Par Value $1.00 | $46.45 | Jan 23, 2017 | M | 30,000 | D | Jan 18, 2017 | Jan 17, 2026 | Common Stock Par Value $1.00 | 30,000 | 90,000 | D |
Explanation of responses
- F125% vesting occurs on 1/20/2016, 2017, 2018, 2019.
- F2Withholding of Common Stock Par Value $1.00 shares as settlement for option costs and taxes.
- F3RSU's will vest 25% on 1/20/2016, 2017, 2019, and 2019.