SEC Form 4 · accession 0000079958-16-000091
PRECISION CASTPARTS CORP · PCP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard L Wambold
Director
Period of report
Jan 29, 2016
Accepted (ET)
Feb 1, 2016 · 11:52 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000079958
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 29, 2016 | D | 5,553 | $235.00 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF1,F2 | — | Jan 29, 2016 | D | 2,221 | D | — | — | Common Stock | 2,221 | 0 | D |
Explanation of responses
- F1Each Phantom Stock Unit was convertible into one share of PCC common stock.
- F2Phantom Stock Units were to be settled in shares of PCC common stock following the reporting person's termination of employment with PCC, but each Phantom Stock Unit is being settled in connection with the Merger for an amount equal to the Merger consideration of $235 per share.