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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Option (Right to Buy) | $ 12.9551 | 07/01/2015 | A(3) | 13,337 | 07/01/2015 | 02/05/2019 | Common Stock | 13,337 | $ 0 | 13,337 | D | ||||
Stock Option (Right to Buy) | $ 11.8693 | 07/01/2015 | A(3) | 18,397 | (4) | 02/05/2020 | Common Stock | 18,397 | $ 0 | 18,397 | D | ||||
Stock Option (Right to Buy) | $ 15.4871 | 07/01/2015 | A(3) | 19,908 | (5) | 02/04/2021 | Common Stock | 19,908 | $ 0 | 19,908 | D | ||||
Stock Option (Right to Buy) | $ 18.4494 | 07/01/2015 | A(3) | 19,640 | (6) | 02/03/2022 | Common Stock | 19,640 | $ 0 | 19,640 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Shelton David C 1007 MARKET STREET WILMINGTON, DE 19899 |
GC, Corp. Secretary & SVP |
/s/ Brian Morrissey, as attorney-in-fact for David C. Shelton | 07/06/2015 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(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) | Represents restricted stock units granted in accordance with the Employee Matters Agreement (the "Agreement") dated as of June 26, 2015 between the Issuer and E. I. du Pont de Nemours and Company ("DuPont") to replace restricted stock units and related dividend equivalent units of DuPont held by the Reporting Person immediately before the legal and structural separation of Issuer from DuPont (the "Spin-off"). |
(2) | Includes shares of Issuer common stock received in connection with the Spin-off in an exempt transaction pursuant to Rule 16a-9 based on preliminary information regarding the Spin-off. Final amounts, if different, will be reported in a subsequent filing. |
(3) | Award replaces stock options of DuPont held by the Reporting Person immediately before the Spin-off pursuant to the Agreement. Information reported in this row is estimated as of July 6, 2015 based on preliminary information regarding the Spinoff. Final information, if different, will be reported in a subsequent filing. |
(4) | Includes 12,264 options to purchase shares of Issuer common stock that are immediately exercisable. The remaining options vest on February 6, 2016. |
(5) | Includes 6,636 options to purchase shares of Issuer common stock that are immediately exercisable. The remaining options vest in two equal annual installments beginning February 5, 2016. |
(6) | Options to purchase shares of Issuer common stock vest in three approximately equal annual installments beginning February 4, 2016. |