SEC Form 4 · accession 0001485532-16-000018
IDEX CORP /DE/ · IEX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew K Silvernail
Officer — CHAIRMAN AND CEO · Director
Period of report
Feb 19, 2016
Accepted (ET)
Feb 23, 2016 · 7:24 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000832101
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| COMMON STOCKF1 | Feb 19, 2016 | A | 37,010 | $74.74 | A | 120,249 | D | |
| COMMON STOCK | Feb 19, 2016 | F | 14,956 | $74.74 | D | 105,293 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OPTIONS (RIGHT TO BUY)F2 | $74.74 | Feb 19, 2016 | A | 135,870 | A | Feb 19, 2017 | Feb 19, 2026 | COMMON STOCK | 135,870 | 446,820 | D |
Explanation of responses
- F1On February 15, 2013, the reporting person was granted 18,505 performance stock units, which vest upon the Company's satisfaction of certain performance criteria. The performance criteria was met on February 19, 2016 with respect to 37,010 units, resulting in the vesting of the units, which are payable in shares on a one-for-one basis.
- F2The options grant vests in four equal installments beginning February 19, 2017.