SEC Form 4 · accession 0000884905-16-000152
PRAXAIR INC · PX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert L Wood
Director
Period of report
May 6, 2016
Accepted (ET)
May 9, 2016 · 12:06 pm EDT
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 StockF1 | May 6, 2016 | M | 6,550 | $61.47 | A | 21,018 | D | |
| Common StockF2,F1 | May 6, 2016 | S | 6,550 | $114.34 | D | 14,468 | 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)F3 | $61.47 | May 6, 2016 | M | 6,550 | D | Feb 27, 2008 | Feb 27, 2017 | Common Stock | 6,550 | 0 | D |
| Stock Option (right to buy)F3 | $83.89 | holding | — | — | — | Feb 26, 2009 | Feb 26, 2018 | Common Stock | 3,885 | 3,885 | D |
Explanation of responses
- F1This total includes shares previously acquired through automatic dividend reinvestment under the Praxair Dividend Reinvestment and Stock Purchase Plan.
- F2The $114.34 price is the weighted average sale price. The sale prices ranged from $114.273 to $114.371 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.
- F3This option became exercisable in three (3) equal annual installments beginning on the first anniversary of the date of grant