SEC Form 4 · accession 0001225208-16-028086
DOW CHEMICAL CO /DE/ · DOW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles J Kalil
Officer — Exec VP and General Counsel
Period of report
Feb 23, 2016
Accepted (ET)
Feb 25, 2016 · 10:47 am 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 |
|---|---|---|---|---|---|---|---|---|
| Common | Feb 23, 2016 | M | 48,550 | $43.675 | A | 470,101 | D | |
| Common | Feb 23, 2016 | F | 1,360 | $47.92 | D | 468,741 | D | |
| Common | Feb 23, 2016 | F | 44,250 | $47.92 | D | 424,491 | D | |
| Common | holding | — | — | — | 753 | I | By 401(k) Plan | |
| Common | holding | — | — | — | 3,076 | I | By 401(k) Plan ESOP |
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)F2,F3 | $43.675 | Feb 23, 2016 | M | 48,550 | D | — | Mar 1, 2016 | Common | 48,550 | 0 | D |
Explanation of responses
- F1Shares withheld pursuant to tax withholding rights under award and option plans in a transaction exempt under Rule 16b-3.
- F2Granted under The Dow Chemical Company 1988 Award and Option Plan. The Plan provides for tax withholding rights.
- F3The options vested in three equal annual installments beginning on March 1, 2007.