SEC Form 4 · accession 0001209191-17-028111
SHERWIN WILLIAMS CO · SHW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Allen J Mistysyn
Officer — SVP - Finance & CFO
Period of report
Apr 21, 2017
Accepted (ET)
Apr 25, 2017 · 3:47 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000089800
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Apr 21, 2017 | M | 88 | — | A | 1,420 | I | By spouse |
| Common StockF2 | Apr 21, 2017 | D | 88 | $324.02 | D | 1,332 | I | By spouse |
| Common StockF3 | holding | — | — | — | 9,277 | D | ||
| Common StockF4 | holding | — | — | — | 144 | I | Stock Plan | |
| Common StockF5 | holding | — | — | — | 3,688 | I | Stock Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF1 | — | Apr 21, 2017 | M | 88 | D | — | Apr 21, 2017 | Common Stock | 88 | 0 | I |
Explanation of responses
- F1On April 21, 2017, the reporting person's spouse's phantom stock units held under The Sherwin-Williams Company 2005 Deferred Compensation Savings and Pension Equalization Plan (Amended and Restated as of January 1, 2016) were settled for cash following the reporting person's spouse's termination of service. Each phantom stock unit was the economic equivalent of one share of The Sherwin-Williams Company common stock.
- F2The reporting person disclaims beneficial ownership of the shares held by his spouse. The total shares reported in Column 5 (a) do not include the 95 restricted stock units previously reported, which were forfeited in connection with the reporting person's spouse's termination of service, and (b) have been adjusted to correct an understatement of total holdings by 450 shares first reflected in the reporting person's last Form 4 filed on February 22, 2017.
- F3Of shares listed, 1,050 are restricted stock units.
- F4Represents the number of shares of common stock attributable to the reporting person's participation in The Sherwin-Williams Company Employee Stock Purchase and Savings Plan per the trustee's 03/31/2017 statement.
- F5Represents the number of shares of common stock attributable to the reporting person's spouse's participation in The Sherwin-Williams Company Employee Stock Purchase and Savings Plan per the trustee's 03/31/2017 statement. The reporting person disclaims beneficial ownership of the shares held by his spouse.