SEC Form 4 · accession 0000950138-18-000506
EMERSON ELECTRIC CO · EMR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven J. Pelch
Officer — Exec VP - Org. Planning & Dev.
Period of report
Aug 14, 2018
Accepted (ET)
Aug 15, 2018 · 4:16 pm EDT
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 | Aug 14, 2018 | M | 7,000 | $53.31 | A | 87,617 | D | |
| Common StockF2 | Aug 14, 2018 | F | 591 | $73.835 | D | 87,026 | D | |
| Common StockF3 | Aug 14, 2018 | S | 6,409 | $74.2353 | D | 80,617 | D | |
| Common Stock | holding | — | — | — | 1,482 | I | 401(k) plan | |
| Common Stock | holding | — | — | — | 2,002 | I | 401(k) excess plan |
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,F5,F4 | $53.31 | Aug 14, 2018 | M | 7,000 | D | Oct 4, 2011 | Oct 4, 2020 | Common Stock | 7,000 | 5,379 | D |
Explanation of responses
- F1Exercise of 7,000 non-qualified stock options exempt under Rule 16b-3.
- F2Shares withheld for taxes exempt under Rule 16b-3 resulting from non-qualified stock option exercise.
- F3The price in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.2347 to $74.24. 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.
- F4When taken together with previously exercised options and the unexercised options reported in this Form 4 all having the same grant date, exercise price, and expiration date, all such options together vested in three equal annual installments beginning on the date indicated.
- F5Price is not applicable to stock options received as incentive compensation.