SEC Form 4 · accession 0001289895-15-000076
AIRGAS INC · ARG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James W Hovey
Director
Period of report
May 22, 2015
Accepted (ET)
May 27, 2015 · 3:11 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000804212
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 22, 2015 | J | 0 | — | D | 10,000 | D | |
| Common StockF1 | holding | — | — | — | 69,240 | I | By Family Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1In connection with an estate planning transaction, the reporting person transferred 69,240 shares of common stock of issuer to the Helen Hovey Peck Trust, an irrevocable defective grantor trust established for the benefit of the reporting person and his immediate family members, in exchange for two interest-bearing, collateralized promissory notes in the aggregate amount of approximately $7,200,268, which is equal to the fair market value of the transferred shares on the date of the transfer. The reporting person is a trustee of the trust and continues to retain voting and dispositive power over the shares.