SEC Form 4 · accession 0001127602-16-069285
STANLEY BLACK & DECKER, INC. · SWK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James J Cannon
Officer — President, Security NA & EM
Period of report
Dec 2, 2016
Accepted (ET)
Dec 6, 2016 · 4:36 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000093556
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 2, 2016 | A | 10,000 | $0.00 | A | 40,239 | D | |
| Common StockF2 | Dec 2, 2016 | A | 2,174 | $0.00 | A | 42,413 | D | |
| Common StockF3 | Dec 4, 2016 | D | 284 | $118.66 | D | 42,129 | 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)F4 | $118.66 | Dec 2, 2016 | A | 10,000 | A | — | Dec 2, 2026 | Common Stock | 10,000 | 10,000 | D |
Explanation of responses
- F1Shares to be delivered on vesting of restricted stock units that vest 50% on the fourth anniversary of the date of grant and the balance on the 5th anniversary of the date of grant.
- F2Shares to be delivered on vesting of restricted stock units that vest in four equal annual installments beginning on the first anniversary of the date of grant.
- F3Shares withheld to cover taxes on vesting of restricted stock units
- F4The option will become exercisable in four equal annual installments beginning on the first anniversary of the date of grant.