SEC Form 4 · accession 0000950117-15-000081

HONEYWELL INTERNATIONAL INC · HON

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chairman & CEO · Director

Period of report

Feb 13, 2015

Accepted (ET)

Feb 17, 2015 · 4:36 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000773840

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock	Feb 13, 2015	M	700,000	$42.32	A	1,187,632	D
Common Stock	Feb 13, 2015	F	496,445	$103.85	D	691,187	D
Common Stock	holding	—	—		—	388,834	I	Held in a grantor retained annuity trust
Common Stock	holding	—	—		—	76,802	I	Held in trust
Common Stock	holding	—	—		—	23,269	I	Held in 401(k) plan

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option (right to buy)^F2,F3	$42.32	Feb 13, 2015	M	700,000	D	—	Feb 16, 2016	Common Stock	700,000	0	D

F1On February 13, 2015, Mr. Cote exercised 700,000 Employee Stock Options and, under the net settlement provisions of the stock option, 496,445 shares of common stock were withheld in payment of the exercise price and related taxes. Following the exercise, Mr. Cote remains in compliance with the ownership thresholds under the Stock Ownership Guidelines of the Company and is required under the Guidelines to hold the net gain shares (net of shares withheld to cover the exercise price and taxes) for at least one year.
F2The Employee Stock Options were granted under the Company's 2003 Stock Incentive Plan with 280,000 vesting on 1/1/07 and 210,000 vesting on each of 1/1/08 and 1/1/09.
F3These stock options, if not exercised would have expired in approximately one year from the transaction date.