SEC Form 4 · accession 0000884905-15-000009
PRAXAIR INC · PX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Raymond W Leboeuf
Director
Period of report
Feb 3, 2015
Accepted (ET)
Feb 5, 2015 · 1:58 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000884905
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 3, 2015 | M | 7,620 | $53.98 | A | 15,066 | D | |
| Common StockF1 | Feb 3, 2015 | S | 7,620 | $123.048 | D | 7,446 | 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)F2 | $53.98 | Feb 3, 2015 | M | 7,620 | D | Feb 28, 2007 | Feb 28, 2016 | Common Stock | 7,620 | 0 | D |
| Stock Option (right to buy)F2 | $61.47 | holding | — | — | — | Feb 27, 2008 | Feb 27, 2017 | Common Stock | 6,550 | 6,550 | D |
| Stock Option (right to buy)F2 | $83.89 | holding | — | — | — | Feb 26, 2009 | Feb 26, 2018 | Common Stock | 3,885 | 3,885 | D |
| Stock Option (right to buy)F2 | $60.92 | holding | — | — | — | Feb 24, 2010 | Feb 24, 2019 | Common Stock | 4,600 | 4,600 | D |
| Deferred StockF3,F4 | $0.00 | holding | — | — | — | — | — | Common Stock | 46,432 | 46,432 | D |
Explanation of responses
- F1The $123.048 price reported is the weighted average sale price. The sale prices ranged from $123.00 to $123.20 per share. Upon request of the SEC Staff, Praxair, Inc. or a security holder of Praxair, Inc., the reporting person will provide full information regarding the number of shares sold at each separate price.
- F2This option became exercisable in three (3) equal annual installments beginning on the first anniversary of the date of grant.
- F3Conversion to Praxair Common Stock is on a 1-for-1 basis.
- F4Deferred stock units acquired by reporting person under the Praxair, Inc. Director's Fees Deferral Plan and are to be settled in Praxair Common Stock upon the reporting person's retirement or termination of service.