SEC Form 4 · accession 0000950138-17-000156
EMERSON ELECTRIC CO · EMR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frank J Dellaquila
Officer — Senior Exec. VP and CFO
Period of report
Feb 9, 2017
Accepted (ET)
Feb 13, 2017 · 12:24 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000032604
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 9, 2017 | M | 15,000 | $53.835 | A | 172,467 | D | |
| Common StockF2 | Feb 9, 2017 | F | 448 | $62.09 | D | 172,019 | D | |
| Common StockF3 | Feb 9, 2017 | S | 14,552 | $62.5387 | D | 157,467 | D | |
| Common Stock | holding | — | — | — | 3 | I | 401(k) plan | |
| Common Stock | holding | — | — | — | 489 | I | 401(k) excess plan | |
| Common Stock | holding | — | — | — | 8,442 | I | Spouse | |
| Common StockF4 | holding | — | — | — | 56,486 | I | FJD 2012 Gift Trust | |
| Common StockF5 | holding | — | — | — | 75,315 | I | SRD 2012 Gift Trust |
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)F1,F7,F6 | $53.835 | Feb 9, 2017 | M | 15,000 | D | Oct 1, 2008 | Oct 1, 2017 | Common Stock | 15,000 | 0 | D |
Explanation of responses
- F1Exercise of 9,429 non-qualified stock options and 5,571 incentive stock options exempt under Rule 16b-3.
- F2Shares withheld for taxes exempt under Rule 16b-3 resulting from nonqualified stock option exercise.
- F3The price in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.53 to $62.61. The reporting person undertakes to provide Emerson Electric Co., any securityholder of Emerson Electric Co. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.
- F4Grantor trust for the Reporting Person with the Reporting Person's spouse and descendants as its beneficiaries. The Reporting Person is the trustee of The FJD 2012 Gift Trust.
- F5Grantor trust for the Reporting Person's spouse with the Reporting Person's descendants as its beneficiaries. The Reporting Person and the Reporting Person's spouse are co-trustees of The SRD 2012 Gift Trust.
- F6The options vested in three equal annual installments beginning on the date indicated.
- F7Price is not applicable to stock options received as incentive compensation.