SEC Form 4 · accession 0001605266-18-000014
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 22, 2018
Accepted (ET)
Feb 23, 2018 · 7:28 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 22, 2018 | A | 76,194 | $138.12 | A | 161,686 | D | |
| COMMON STOCK | Feb 22, 2018 | F | 33,755 | $138.12 | D | 127,931 | 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 | $138.12 | Feb 22, 2018 | A | 69,170 | A | Feb 22, 2019 | Feb 22, 2028 | COMMON STOCK | 69,170 | 557,165 | D |
Explanation of responses
- F1On February 20, 2015, the reporting person was granted 31,880 performance stock units, which vest upon the Company's satisfaction of certain performance criteria. The performance criteria was met on February 22, 2018 with respect to 76,194 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 22, 2019.