Air Products & Chemicals Inc (APD): Bill Ackman Unloads 3.58 Million Shares

Page 2 of 9 – SEC Filing

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SCHEDULE 13D

CUSIP NO. 009158106		Page 2

1		NAME OF REPORTING PERSON     Pershing Square Capital Management, L.P.
2		CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)  ¨        (b)  x
3		SEC USE ONLY
4		SOURCE OF FUNDS (SEE INSTRUCTIONS)     OO
5		CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)    ¨
6		CITIZENSHIP OR PLACE OF ORGANIZATION     Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH				7		SOLE VOTING POWER     0
				8		SHARED VOTING POWER     16,973,076
				9		SOLE DISPOSITIVE POWER     0
				10		SHARED DISPOSITIVE POWER     16,973,076
11		AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON     16,973,076
12		CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES    ¨
13		PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)     7.8%(1)
14		TYPE OF REPORTING PERSON     IA

(1)	Calculated based on 216,549,704 shares of the Common Stock, $1 par value, of Air Products and Chemicals, Inc., outstanding as of June 30, 2016, as reported in Air Products and Chemicals, Inc.s quarterly report on Form 10-Q filed on July 29, 2016.