SEC Form 4 · accession 0001289895-16-000151
AIRGAS INC · ARG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Molinini
Officer — President and CEO · Director
Period of report
Feb 24, 2016
Accepted (ET)
Feb 26, 2016 · 7:29 pm EST
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 | Feb 24, 2016 | M | 30,000 | $60.84 | A | 83,121 | D | |
| Common StockF2,F1 | Feb 24, 2016 | S | 30,000 | $141.32 | D | 53,121 | 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)F4,F3 | $60.84 | Feb 24, 2016 | M | 30,000 | D | — | May 20, 2016 | Common Stock | 30,000 | 0 | D |
Explanation of responses
- F1Since 06/10/2014, the date of the plan statement relied upon for the amount reported on the reporting person's 06/12/2014 Form 4, the reporting person has acquired 400 shares of Airgas, Inc. common stock pursuant to Airgas, Inc.'s Employee Stock Purchase Plan in transactions exempt from Section 16(b).
- F2This price represents the average selling price (within a range of $141.27-$141.42) of the shares of common stock of Airgas, Inc. sold by the reporting person, as provided by the reporting person's broker.
- F3These options became exercisable in 25% equal increments on each of 5/20/2009, 5/20/2010, 5/20/2011 and 5/20/2012.
- F4Not applicable.