SEC Form 4 · accession 0001214659-16-009156
NORDSON CORP · NDSN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Randy W Carson
Director
Period of report
Jan 29, 2016
Accepted (ET)
Feb 1, 2016 · 4:31 pm EST
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 SharesF1 | Jan 5, 2016 | A | 6 | $0.00 | A | 23,284 | D | |
| Common SharesF2 | Jan 5, 2016 | A | 37 | $0.00 | A | 23,321 | D | |
| Common SharesF3 | Jan 29, 2016 | A | 269 | $0.00 | A | 23,590 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted share units ("RSU") accrued through dividend payments during the vesting period of the RSUs granted on November 1, 2015 pursuant to the 2012 Stock Incentive and Award Plan. The RSUs that accrued through dividend payments vest according to the related RSUs. If the participant ceases to be a director prior to the vesting date, the RSUs are forfeited on a pro-rata basis. Each RSU acquired from dividends is the economic equivalent to one share of Nordson common stock.
- F2Share equivalent units ("SEU") accrued through dividend payments pursuant to the Directors Deferred Compensation Plan. At time of distribution, SEUs convert to common shares on a one-for-one basis. Distribution is not permissible until participant ceases to be a Director.
- F3The reporting person has elected to receive SEUs in lieu of cash for payment of director retainer fees pursuant to the Directors Deferred Compensation Plan. At time of distribution, SEUs convert to common shares on a one-for-one basis. Distribution is not permissible until participant ceases to be a Director.