SEC Form 4 · accession 0001225208-15-015445
BARD C R INC /NJ/ · BCR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy M Ring
Officer — Chairman and CEO · Director
Period of report
Jul 13, 2015
Accepted (ET)
Jul 14, 2015 · 4:15 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000009892
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 29, 2015 | G | 1,745 | $0.00 | D | 119,710 | D | |
| Common Stock | Jul 13, 2015 | M | 20,000 | $88.755 | A | 139,710 | D | |
| Common StockF2 | Jul 13, 2015 | S | 5,300 | $175.2268 | D | 134,410 | D | |
| Common StockF3 | Jul 13, 2015 | S | 14,700 | $176.3381 | D | 119,710 | D | |
| Common StockF4 | holding | — | — | — | 3,589 | I | 401(k) Plan | |
| Common StockF5 | holding | — | — | — | 707 | I | By Children |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (Right to Buy)F6,F7 | $88.755 | Jul 13, 2015 | M | 20,000 | D | — | Jul 9, 2018 | Common Stock | 20,000 | 102,052 | D |
Explanation of responses
- F1Option exercise and sales are pursuant to a previously disclosed 10b5-1 plan.
- F2Represents the weighted average sales price for price increments ranging from $175.00 to $175.99. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.
- F3Represents the weighted average sales price for price increments ranging from $176.00 to $176.5987. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.
- F4Includes 31.255 shares acquired under the Company's 401(k) Plan from March 19, 2015 to May 8, 2015.
- F5The reporting person disclaims beneficial ownership of the shares held by his children and this report should not be deemed an admission that the reporting person is the beneficial owner of his children's shares for purposes of Section 16 or for any other purpose.
- F6Performance options granted under the 2003 Long Term Incentive Plan of C. R. Bard, Inc. (as Amended and Restated). Also granted in tandem with these options are Limited Stock Appreciation Rights which can only be exercised upon a "Change of Control" as defined in the Plan.
- F7Options fully vested in accordance with schedule upon achievement of certain performance criteria.