SEC Form 4 · accession 0000950117-17-000352
HONEYWELL INTERNATIONAL INC · HON
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jennifer H Mak
Officer — Vice President and Controller
Period of report
May 23, 2017
Accepted (ET)
May 24, 2017 · 4:08 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 | May 23, 2017 | M | 2,262 | $69.38 | A | 3,141 | D | |
| Common Stock | May 23, 2017 | M | 4,148 | $93.44 | A | 7,289 | D | |
| Common StockF2 | May 23, 2017 | S | 5,510 | $131.88 | D | 1,779 | D | |
| Common Stock | holding | — | — | — | 228 | 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)F3,F4 | $69.38 | May 23, 2017 | M | 2,262 | D | Feb 27, 2016 | Feb 26, 2023 | Common Stock | 2,262 | 0 | D |
| Stock Option (right to buy)F3,F5 | $93.44 | May 23, 2017 | M | 4,148 | D | Feb 27, 2017 | Feb 26, 2024 | Common Stock | 4,148 | 1,383 | D |
Explanation of responses
- F1This represents the exercise of options granted to the Reported Person. Following the exercise, the Reporting Person remains in compliance with the ownership threshold under the Stock Ownership Guidelines of the Company and is required under the Guidelines to hold the net gain shares (net of shares sold to cover the exercise price and taxes) for at least one year.
- F2The price reported in this column is a weighted average price. These shares were sold in multiple transactions at prices ranging from $131.88 to $131.90, 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.
- F3All options and restricted stock units held by the Reporting Person have been adjusted to increase the number of shares and, in the case of the options, reduce the exercise price, in a manner subject to the adjustment provisions of the AdvanSix Inc. spin-off from Honeywell which occurred on October 1, 2016.
- F4The Employee Stock Options were granted under the 2011 Stock Incentive Plan of Honeywell International Inc. and its Affiliates and vesting in four equal annual installments, with the first installment vesting on February 27, 2014.
- F5The Employee Stock Options were granted under the 2011 Stock Incentive Plan of Honeywell International Inc. and its Affiliates and vesting in four equal annual installments, with the first installment vesting on February 27, 2015.