SEC Form 4 · accession 0000076334-16-000190
Parker-Hannifin Corp · PH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Lee C Banks
Officer — President & COO
Period of report
Aug 17, 2016
Accepted (ET)
Aug 18, 2016 · 4:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000076334
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 17, 2016 | M | 41,790 | $62.35 | A | 99,977 | D | |
| Common Stock | Aug 17, 2016 | F | 30,837 | $124.40 | D | 69,140 | D | |
| Common StockF1 | Aug 17, 2016 | S | 10,953 | $124.279 | D | 58,187 | D | |
| Common Stock | holding | — | — | — | 9,112 | I | Parker Retirement Savings Plan | |
| Common Stock | holding | — | — | — | 13,909 | I | Elizabeth K. Banks Revocable Trust | |
| Common Stock | holding | — | — | — | 607 | I | By Daughter | |
| Common Stock | holding | — | — | — | 607 | I | Joseph Banks Custodial Account | |
| Common Stock | holding | — | — | — | 632 | I | By Son |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightF2 | $62.35 | Aug 17, 2016 | M | 41,790 | D | — | Aug 10, 2020 | Common Stock | 41,790 | 0 | D |
| Stock Appreciation RightF3 | $124.36 | Aug 17, 2016 | A | 51,150 | A | — | Aug 16, 2026 | Common Stock | 51,150 | 51,150 | 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 $124.170 to $124.430, inclusive. The reporting person undertakes to provide to Parker-Hannifin Corporation, any security holder of Parker-Hannifin Corporation, 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 ranges set forth in footnote 1 to this Form 4.
- F2The SAR vests in three equal annual installments beginning 8/11/2011.
- F3The SAR vests in three equal annual installments beginning 8/17/2017.