SEC Form 4 · accession 0000950117-16-001358
HONEYWELL INTERNATIONAL INC · HON
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David M Cote
Officer — Chairman & CEO · Director
Period of report
Aug 5, 2016
Accepted (ET)
Aug 5, 2016 · 5:12 pm EDT
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 | Aug 5, 2016 | M | 700,000 | $47.38 | A | 700,000 | D | |
| Common StockF1 | Aug 5, 2016 | S | 534,505 | $116.15 | D | 165,495 | D | |
| Common Stock | holding | — | — | — | 247,453 | I | Held in a grantor retained annuity trust | |
| Common Stock | holding | — | — | — | 76,802 | I | Held in trust | |
| Common Stock | holding | — | — | — | 24,296 | I | Held in 401(k) plan |
Table II — derivative securities
| 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 | $47.38 | Aug 5, 2016 | M | 700,000 | D | — | Feb 25, 2017 | Common Stock | 700,000 | 0 | D |
Explanation of responses
- F1The price reported in this column is a weighted average price. These shares were sold in multiple transactions at prices ranging from $115.90 to $116.51, inclusive. The Reporting Person undertakes to provide to Honeywell International Inc., any security holder of Honeywell International Inc., 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.
- F2The Employee Stock Options were granted under the 2006 Stock Incentive Plan of Honeywell International Inc. and its Affiliates and vested in four equal annual installments on 2/26/08, 2/26/09, 2/26/10 and 2/26/11.
- F3These stock options, if not exercised would have expired in approximately seven months from the transaction date.