Filing Details
- Accession Number:
- 0000884905-11-000005
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-01-31 19:29:40
- Reporting Period:
- 2011-01-28
- Filing Date:
- 2011-01-31
- Accepted Time:
- 2011-01-31 19:29:40
- 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 |
---|---|---|---|---|---|---|---|
1190779 | J James Fuchs | C/O Praxair, Inc. 39 Old Ridgebury Road Danbury CT 06810-5113 | Senior 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 | 2011-01-28 | 62,600 | $53.98 | 67,086 | No | 4 | M | Direct | |
Common Stock | Disposition | 2011-01-28 | 62,600 | $91.10 | 4,486 | No | 4 | S | Direct | |
Common Stock | Acquisiton | 2011-01-31 | 69,400 | $61.47 | 73,886 | No | 4 | M | Direct | |
Common Stock | Disposition | 2011-01-31 | 69,400 | $92.42 | 4,486 | 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 | 2011-01-28 | 62,600 | $0.00 | 62,600 | $53.98 |
Common Stock | Stock Option (right to buy) | Disposition | 2011-01-31 | 69,400 | $0.00 | 69,400 | $61.47 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2007-02-28 | 2016-02-28 | No | 4 | M | Direct |
0 | 2008-02-27 | 2017-02-27 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 8,129 | Indirect | Joint Tenant with Wife |
Common Stock | 830 | 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) | $83.89 | 2009-02-26 | 2018-02-26 | 40,000 | 40,000 | Direct |
Common Stock | Stock Option (right to buy) | $83.89 | 2011-02-26 | 2018-02-26 | 22,000 | 22,000 | Direct |
Common Stock | Stock Option (right to buy) | $60.92 | 2010-02-24 | 2019-02-24 | 59,560 | 59,560 | Direct |
Common Stock | Stock Option (right to buy) | $76.16 | 2011-02-23 | 2020-02-23 | 39,220 | 39,220 | Direct |
Common Stock | Deferred Stock | $0.00 | 1,234 | 1,234 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2018-02-26 | 40,000 | 40,000 | Direct |
2018-02-26 | 22,000 | 22,000 | Direct |
2019-02-24 | 59,560 | 59,560 | Direct |
2020-02-23 | 39,220 | 39,220 | Direct |
1,234 | 1,234 | Direct |
Footnotes
- The $91.1 price reported is the weighted average sale price. The sale prices ranged from $91.00 to $91.19 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.
- The $92.42 price reported is the weighted average sale price. The sale prices ranged from $92.39 to $92.51 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 26, 2009.
- 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.
- This option vests over three years in three consecutive equal annual installments beginning on February 24, 2010.
- This option vests over three years in three consecutive equal annual installments beginning on February 23, 2011.
- 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.