SEC Form 4 · accession 0001225208-16-026766
DOW CHEMICAL CO /DE/ · DOW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew N Liveris
Officer — CEO and Chairman · Director
Period of report
Feb 12, 2016
Accepted (ET)
Feb 17, 2016 · 4:05 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000029915
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| CommonF1,F2,F3 | Feb 12, 2016 | A | 65,750 | $0.00 | A | 295,180 | D | |
| Common | holding | — | — | — | 1,421 | I | By 401(k) Plan | |
| Common | holding | — | — | — | 2,831 | I | By 401(k) Plan ESOP | |
| Common | holding | — | — | — | 753,126 | I | By Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F1,F4 | $46.01 | Feb 12, 2016 | A | 331,510 | A | — | Feb 12, 2026 | Common | 331,510 | 331,510 | D |
Explanation of responses
- F1Granted under The Dow Chemical Company 2012 Stock Incentive Plan. The Plan provides for tax withholding rights.
- F2Deferred shares to be delivered in one installment on or about February 12, 2019 contingent upon continuation of employment.
- F3Indirect holdings reflect the following change: the Reporting Person no longer has beneficial ownership of the 5,000 shares of the Issuer's common stock owned by his daughter and the 8,000 shares of the Issuer's common stock owned by his son and included in the Reporting Person's prior reports.
- F4The options vest in three equal annual installments beginning on February 12, 2017.