SEC Form 4 · accession 0001225208-15-017851
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
Aug 31, 2015
Accepted (ET)
Sep 2, 2015 · 1:59 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 | Aug 3, 2015 | G | 16 | $0.00 | D | 119,694 | D | |
| Common Stock | Aug 31, 2015 | M | 20,000 | $88.755 | A | 139,694 | D | |
| Common Stock | Aug 31, 2015 | M | 20,000 | $81.695 | A | 159,694 | D | |
| Common StockF2 | Aug 31, 2015 | S | 5,200 | $196.9975 | D | 154,494 | D | |
| Common StockF3 | Aug 31, 2015 | S | 6,917 | $196.1933 | D | 147,577 | D | |
| Common StockF4 | Aug 31, 2015 | S | 9,883 | $195.2388 | D | 137,694 | D | |
| Common StockF5 | Aug 31, 2015 | S | 18,000 | $194.2219 | D | 119,694 | D | |
| Common StockF6 | holding | — | — | — | 3,591 | I | 401(k) Plan | |
| Common StockF7 | holding | — | — | — | 723 | 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)F8,F9 | $88.755 | Aug 31, 2015 | M | 20,000 | D | — | Jul 9, 2018 | Common Stock | 20,000 | 62,052 | D |
| Option (Right to Buy)F8,F9 | $81.695 | Aug 31, 2015 | M | 20,000 | D | — | Dec 9, 2019 | Common Stock | 20,000 | 30,543 | 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 $196.725 to $197.56. 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 $195.715 to $196.69. 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.
- F4Represents the weighted average sales price for price increments ranging from $194.69 to $195.68. 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.
- F5Represents the weighted average sales price for price increments ranging from $193.685 to $194.68. 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.
- F6Includes 2.297 shares acquired under the Company's 401(k) Plan from May 9, 2015 to July 31, 2015.
- F7The 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.
- F8Performance 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.
- F9Options fully vested in accordance with schedule upon achievement of certain performance criteria.