Filing Details

Accession Number:
0000884905-10-000053
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-08-04 13:00:00
Reporting Period:
2010-08-02
Filing Date:
2010-08-04
Accepted Time:
2010-08-04 15:32:38
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
1190775 F Stephen Angel C/O Praxair, Inc.
39 Old Ridgebury Road
Danbury CT 06810-5113
President & Ceo Yes 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 2010-08-02 50,000 $23.11 81,389 No 4 M Direct
Common Stock Disposition 2010-08-02 50,000 $87.96 31,389 No 4 S Direct
Common Stock Acquisiton 2010-08-02 50,000 $27.43 81,389 No 4 M Direct
Common Stock Disposition 2010-08-02 50,000 $87.96 31,389 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M 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 2010-08-02 50,000 $0.00 50,000 $23.11
Common Stock Stock Option (right to buy) Disposition 2010-08-02 50,000 $0.00 50,000 $27.43
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2002-04-23 2011-04-23 No 4 M Direct
60,000 2003-01-02 2012-01-02 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 2,268 Indirect In trust for children
Common Stock 50,990 Indirect Joint Tenant with Wife
Common Stock 5,997 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) $26.43 2004-02-28 2013-02-28 100,000 100,000 Direct
Common Stock Stock Option (right to buy) $36.58 2005-02-24 2014-02-24 120,000 120,000 Direct
Common Stock Stock Option (right to buy) $44.25 2006-02-22 2015-02-22 143,100 143,100 Direct
Common Stock Stock Option (right to buy) $53.98 2007-02-28 2016-02-29 130,600 130,600 Direct
Common Stock Stock Option (right to buy) $61.47 2008-02-27 2017-02-27 308,300 308,300 Direct
Common Stock Stock Option (right to buy) $83.89 2009-02-26 2018-02-26 195,200 195,200 Direct
Common Stock Stock Option (right to buy) $83.89 2011-02-26 2018-02-26 85,000 85,000 Direct
Common Stock Stock Option (right to buy) $60.92 2010-02-24 2019-02-24 281,510 281,510 Direct
Common Stock Stock Option (right to buy) $76.16 2011-02-23 2020-02-23 204,640 204,640 Direct
Common Stock Deferred Stock $0.00 63,622 63,622 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2013-02-28 100,000 100,000 Direct
2014-02-24 120,000 120,000 Direct
2015-02-22 143,100 143,100 Direct
2016-02-29 130,600 130,600 Direct
2017-02-27 308,300 308,300 Direct
2018-02-26 195,200 195,200 Direct
2018-02-26 85,000 85,000 Direct
2019-02-24 281,510 281,510 Direct
2020-02-23 204,640 204,640 Direct
63,622 63,622 Direct
Footnotes
  1. Represents shares of unvested restricted stock including shares acquired upon dividend reinvestment.
  2. The $87.9556 price reported is the weighted average sale price. The sale price ranged from $87.90 to $88.00 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.
  3. This option became exercisable in three (3) equal annual installments beginning on the first anniversary of the date of grant.
  4. This option vests over three years in three consecutive equal annual installments beginning on February 26, 2009.
  5. This option will vest in full if Praxair, Inc. achieves cumulative fiscal year earnings per share growth of at least 33% over 2007 earnings per share at any time prior to January 1, 2011. If vested, the option may be exercised beginning on the third anniversary of the grant date. If Praxair, Inc. fails to meet the cumulative earnings per share goal, this option will be forfeited.
  6. This option vests over three years in three consecutive equal annual installments beginning on February 24, 2010.
  7. This option vests over three years in three consecutive equal annual installments beginning on February 23, 2011.
  8. Conversion to Praxair Common Stock is on a 1-for-1 basis.
  9. Deferred stock units acquired under the Praxair, Inc. Compensation Deferral Program as amended ("Deferred Program") and are to be settled in Praxair Common Stock.