Filing Details
- Accession Number:
- 0000884905-13-000074
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-05-07 16:42:40
- Reporting Period:
- 2013-05-03
- Filing Date:
- 2013-05-07
- Accepted Time:
- 2013-05-07 16:42:40
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
884905 | Praxair Inc | PX | Industrial Inorganic Chemicals (2810) | 061249050 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1411350 | F Eduardo Menezes | C/O Praxair, Inc. 30 Old Ridgebury Road Danbury CT 06810-5113 | Executive Vice President | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2013-05-03 | 23,000 | $44.25 | 38,916 | No | 4 | M | Direct | |
Common Stock | Disposition | 2013-05-03 | 15,725 | $115.24 | 23,191 | No | 4 | F | Direct | |
Common Stock | Acquisiton | 2013-05-03 | 25,000 | $53.98 | 48,191 | No | 4 | M | Direct | |
Common Stock | Disposition | 2013-05-03 | 11,637 | $115.17 | 36,554 | No | 4 | F | Direct | |
Common Stock | Disposition | 2013-05-03 | 9,000 | $115.20 | 27,554 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | F | Direct | |
No | 4 | M | Direct | |
No | 4 | F | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Stock Option (right to buy) | Disposition | 2013-05-03 | 23,000 | $0.00 | 23,000 | $44.25 |
Common Stock | Stock Option (right to buy) | Disposition | 2013-05-03 | 25,000 | $0.00 | 25,000 | $53.98 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2006-02-22 | 2015-02-22 | No | 4 | M | Direct |
0 | 2007-02-28 | 2016-02-29 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 2,206 | Indirect | 401(k) |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common Stock | Stock Option (right to buy) | $61.47 | 2008-02-27 | 2017-02-27 | 25,000 | 25,000 | Direct |
Common Stock | Stock Option (right to buy) | $83.89 | 2009-02-26 | 2018-02-26 | 16,000 | 16,000 | Direct |
Common Stock | Stock Option (right to buy) | $60.92 | 2010-02-24 | 2019-02-24 | 31,130 | 31,130 | Direct |
Common Stock | Stock Option (right to buy) | $76.16 | 2011-02-23 | 2020-02-23 | 19,610 | 19,610 | Direct |
Common Stock | Stock Option (right to buy) | $97.84 | 2012-02-22 | 2021-02-22 | 42,880 | 42,880 | Direct |
Common Stock | Stock Option (right to buy) | $109.68 | 2013-02-28 | 2022-02-28 | 43,005 | 43,005 | Direct |
Common Stock | Stock Option (right to buy) | $110.58 | 2014-02-26 | 2023-02-26 | 35,220 | 35,220 | Direct |
Common Stock | Deferred Stock | $0.00 | 377 | 377 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2017-02-27 | 25,000 | 25,000 | Direct |
2018-02-26 | 16,000 | 16,000 | Direct |
2019-02-24 | 31,130 | 31,130 | Direct |
2020-02-23 | 19,610 | 19,610 | Direct |
2021-02-22 | 42,880 | 42,880 | Direct |
2022-02-28 | 43,005 | 43,005 | Direct |
2023-02-26 | 35,220 | 35,220 | Direct |
377 | 377 | Direct |
Footnotes
- This total includes shares preveiusly acquired through automatic dividend reinvestment under the Praxair Dividend Reinvestment and Stock Purchase Plan.
- Shares of common stock withheld from stock option exercise to cover the option exercise price and tax withholdings. The reporting person retained 11,638 shares net of these shares withheld and 9,000 shares sold.
- The $115.202 price reported is the weighted average sale price. The actual sale prices ranged from $115.19 to $115.21 per share. Upon request of the SEC Staff, Praxair, Inc. or a security holder of Praxair, Inc., the reporting person will provide full information regarding the number of shares sold at each separate price.
- This option became exercisable in three (3) equal annual installments beginning on the first anniversary of the date of grant.
- This option vests over three years in three consecutive equal annual installments beginning on February 22, 2012.
- This option vests over three years in three consecutive equal annual installments beginning on February 28, 2013.
- This option vests over three years in three consecutive equal annual installments beginning on February 26, 2014.
- Conversion to Praxair Common Stock is on a 1-for-1 basis.
- Deferred stock units acquired under the Praxair, Inc. Compensation Deferral Program as amended ("Deferred Program") and are to be settled in Praxair Common Stock.