SEC Form 4 · accession 0001225208-15-018780
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
Sep 29, 2015
Accepted (ET)
Oct 1, 2015 · 10:05 am 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 | Sep 29, 2015 | M | 20,000 | $88.755 | A | 139,694 | D | |
| Common Stock | Sep 29, 2015 | M | 20,000 | $81.695 | A | 159,694 | D | |
| Common StockF2 | Sep 29, 2015 | S | 400 | $187.5275 | D | 159,294 | D | |
| Common StockF3 | Sep 29, 2015 | S | 3,300 | $186.8014 | D | 155,994 | D | |
| Common StockF4 | Sep 29, 2015 | S | 7,600 | $184.1772 | D | 148,394 | D | |
| Common StockF5 | Sep 29, 2015 | S | 7,949 | $185.8171 | D | 140,445 | D | |
| Common StockF6 | Sep 29, 2015 | S | 20,751 | $184.9686 | D | 119,694 | D | |
| Common Stock | 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 | Sep 29, 2015 | M | 20,000 | D | — | Jul 9, 2018 | Common Stock | 20,000 | 42,052 | D |
| Option (Right to Buy)F8,F9 | $81.695 | Sep 29, 2015 | M | 20,000 | D | — | Dec 9, 2019 | Common Stock | 20,000 | 10,543 | 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 $187.49 to $187.58. 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 $186.465 to $187.285. 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 $183.455 to $184.445. 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 $185.46 to $186.40. 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.
- F6Represents the weighted average sales price for price increments ranging from $184.46 to $185.455. 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.
- 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.