SEC Form 4 · accession 0000950117-17-000548
HONEYWELL INTERNATIONAL INC · HON
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jaime Chico /fa Pardo
Director
Period of report
Apr 6, 2017
Accepted (ET)
Dec 27, 2017 · 4:29 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 | Apr 6, 2017 | M | 5,028 | $50.93 | A | 38,132 | D | |
| Common Stock | Apr 6, 2017 | F | 2,068 | $123.83 | D | 36,064 | D |
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)F1 | $50.93 | Apr 6, 2017 | M | 5,028 | D | Apr 1, 2011 | Apr 22, 2017 | Common Stock | 5,028 | 0 | D |
Explanation of responses
- F1All options have been adjusted to increase the number of shares and 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.
- F2Represents an exercise of director stock options pursuant to the net settlement provision of the stock option, with shares of common stock withheld for the payment of exercise price. Following the exercise, Mr. Chico will remain 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.