SEC Form 4 · accession 0000054480-16-000258
KANSAS CITY SOUTHERN · KSU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William J Wochner
Officer — Sr VP & Chief Legal Officer
Period of report
Jul 20, 2016
Accepted (ET)
Jul 21, 2016 · 5:33 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000054480
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jul 20, 2016 | S | 26,521 | $98.3167 | D | 21,121 | D |
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 | $35.41 | holding | — | — | — | Mar 1, 2013 | Feb 29, 2020 | Common Stock | 6,800 | 6,800 | D |
| Employee Stock Option (Right to Buy)F4 | $52.62 | holding | — | — | — | — | Feb 22, 2021 | Common Stock | 2,830 | 2,830 | D |
| Employee Stock Option (Right to Buy)F4 | $66.99 | holding | — | — | — | — | Feb 21, 2022 | Common Stock | 2,037 | 2,037 | D |
| Employee Stock Option (Right to Buy)F4 | $97.77 | holding | — | — | — | — | Feb 20, 2023 | Common Stock | 1,618 | 1,618 | D |
| Employee Stock Option (Right to Buy)F4 | $94.23 | holding | — | — | — | — | Feb 19, 2024 | Common Stock | 1,720 | 1,720 | D |
| Employee Stock Option (Right to Buy)F4 | $119.35 | holding | — | — | — | — | Feb 17, 2025 | Common Stock | 1,649 | 1,649 | D |
| Employee Stock Option (Right to Buy)F4 | $82.71 | holding | — | — | — | — | Feb 18, 2026 | Common Stock | 3,851 | 3,851 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $98.03 to $98.9001, inclusive. The reporting person undertakes to provide to Kansas City Southern, any security holder of Kansas City Southern, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2Includes 278 shares acquired on June 30, 2016 through the KCS Employee Stock Purchase Plan.
- F3Prior to March 1, 2013, this option may become exercisable in 1/3 increments if the daily closing price of Kansas City Southern's common stock on the New York Stock Exchange is greater than or equal to $38.95, $42.85, and $47.14, respectively, for at least 30 consecutive trading days. The first target was met and 2,267 of these options became exercisable on November 19, 2010. The second target was met and 2,267 of these options became exercisable on December 8, 2010. The third target was met and 2,266 of these options became exercisable on January 7, 2011.
- F4These options become exercisable in three equal installments beginning on the first anniversary of the date of grant.