1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security |
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Non-Qualified Stock Option (Right to Buy)
|
08/28/2018(2)
|
08/28/2025 |
Common Stock, Par Value $1.00
|
12,890
|
$
77.54
|
D
|
Â
|
Performance Stock Units
|
Â
(3)
|
Â
(3)
|
Common Stock, Par Value $1.00
|
2,210
|
$
0
(3)
|
D
|
Â
|
* |
If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** |
Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) |
Aggregate of 17,110.00 shares listed in Column 2 of Table I includes: (a) 14,600 restricted shares granted on 5/6/15 which will vest in thirds over three years (4,867 shares vest on 5/6/16, 4,867 shares vest on 5/6/17, and 4,866 shares vest on 5/6/18); and (b) 2,510 restricted shares granted on 6/1/15 which will vest on 6/1/18. |
(2) |
Of the 12,890 shares granted on this 8/28/15 stock option, 4,297 shares become exercisable on 8/28/16, 4,297 shares become exercisable on 8/28/17, and 4,296 shares become exercisable on 8/28/18. |
(3) |
Each performance stock unit represents a contingent right to one share of the Issuer's common stock. Performance stock units are subject to future adjustment; performance period started 7/4/15. The 2,210 performance stock units will vest on 6/29/18. Vested shares are subject to future adjustment and, if earned based on performance, will be delivered to the reporting person within two and one-half months of vesting. |