SEC Form 4 · accession 0000030554-17-000038
DUPONT E I DE NEMOURS & CO · DD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Edward D Breen
Officer — Chair & CEO · Director
Period of report
Aug 31, 2017
Accepted (ET)
Sep 5, 2017 · 5:15 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000030554
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 31, 2017 | D | 41,247 | — | D | 0 | D | |
| Common StockF2 | Aug 31, 2017 | D | 15,150 | — | D | 0 | I | GRAT |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F3 | $66.11 | Aug 31, 2017 | D | 400,000 | D | — | Nov 5, 2022 | Common Stock | 400,000 | 0 | D |
| Employee Stock Option (right to buy)F4 | $76.17 | Aug 31, 2017 | D | 266,667 | D | — | Feb 1, 2027 | Common Stock | 266,667 | 0 | D |
Explanation of responses
- F1Disposed of pursuant to merger agreement between issuer and Dow Chemical Company in exchange for 52,893.1084 shares or stock units, as applicable of DowDuPont common stock having a market value of $67.18 per share or stock unit, as applicable, on the effective date of the merger.
- F2Disposed of pursuant to merger agreement between issuer and Dow Chemical Company in exchange for 19,422 shares of DowDuPont common stock having a market value of $67.18 per share on the effective date of the merger.
- F3This option, which provided for vesting in three equal annual installments beginning November 6, 2016, was assumed by DowDuPont in the merger and exchanged for 512,800 options at a grant price of $51.57.
- F4This option, which provided for vesting in three equal annual installments beginning February 2, 2018, was assumed by DowDuPont in the merger and exchanged for 341,867 options at a grant price of $59.42.