SEC Form 4 · accession 0001214659-15-002237
NORDSON CORP · NDSN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lee C Banks
Director
Period of report
Mar 10, 2015
Accepted (ET)
Mar 12, 2015 · 12:49 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000072331
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares | holding | — | — | — | 9,159 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitsF1 | — | Mar 10, 2015 | J | 9 | A | — | — | Common Shares | 9 | 1,585 | D |
Explanation of responses
- F1Pursuant to the 2012 Stock Incentive and Award Plan, restricted stock units ("RSUs") vest one year after the grant date. Under the Directors Deferred Compensation Sub-Plan, if receipt of shares upon vesting was deferred, RSUs convert to an equal number of share equivalent units. If receipt of shares upon vesting was not deferred, RSUs convert to unrestricted Nordson Common shares on a one-for-one basis.
- F2Restricted share units ("RSU") accrued through dividend payments during the vesting period of the RSUs granted on November 3, 2014 pursuant to the 2012 Stock Incentive and Award Plan. Each RSU acquired from dividends is the economic equivalent to one share of Nordson common stock.