SEC Form 4 · accession 0001706446-19-000001
DOVER Corp · DOV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Carrie L Anderson
Officer — Vice President and Controller
Period of report
Feb 15, 2019
Accepted (ET)
Feb 20, 2019 · 4:32 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000029905
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F3 | Feb 15, 2019 | A | 877 | $0.00 | A | 9,154 | D | |
| Common StockF2 | Feb 15, 2019 | A | 4,523 | — | A | 13,677 | D | |
| Common Stock | Feb 15, 2019 | F | 1,358 | $91.20 | D | 12,319 | D | |
| Common Stock | holding | — | — | — | 905 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation Right | $91.20 | Feb 15, 2019 | A | 10,526 | A | Feb 15, 2022 | Feb 15, 2029 | Common Stock | 10,526 | 0 | D |
Explanation of responses
- F1Represents grant of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Dover common stock. The restricted stock units will vest in three annual installments beginning on March 15, 2020.
- F2Represents settlement of performance shares representing a contingent right to receive shares of Dover common stock, based on Dover's internal total shareholder return for the three-year performance period ended December 31, 2018.
- F3Reflects adjustments to unvested restricted stock unit awards in connection with the separation of Apergy Corporation from the Issuer that was effected on May 9, 2018, to preserve the value of the Issuer securities as contemplated in the Employee Matters Agreement that was entered into by the Issuer and Apergy Corporation on that date.